{"id":6793,"date":"2022-02-07T17:32:27","date_gmt":"2022-02-07T12:02:27","guid":{"rendered":"https:\/\/www.tickertape.in\/blog\/?p=6793"},"modified":"2022-02-08T17:03:51","modified_gmt":"2022-02-08T11:33:51","slug":"four-firms-announced-stock-split","status":"publish","type":"post","link":"https:\/\/www.tickertape.in\/blog\/four-firms-announced-stock-split\/","title":{"rendered":"4 Firms That Will Announce Stock Split in February 2022"},"content":{"rendered":"\n<p>Listed firms may opt to announce sub-division of shares or share splits from time to time to increase liquidity in stock by attracting small size investors. This month, four publicly traded firms: Schaeffler India, Shree Ganesh Biotech, Bhatia Communications and Retail, and JBM Auto, will divide their shares. It will not affect its fundamentals, but the share price will fall, allowing small-ticket buyers to acquire and sell these equities.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_66_1 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.tickertape.in\/blog\/four-firms-announced-stock-split\/#Schaeffler-India\" title=\"Schaeffler India\">Schaeffler India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.tickertape.in\/blog\/four-firms-announced-stock-split\/#Shree-Ganesh-Biotech\" title=\"Shree Ganesh Biotech\">Shree Ganesh Biotech<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.tickertape.in\/blog\/four-firms-announced-stock-split\/#Bhatia-Communications-and-Retail\" title=\"Bhatia Communications and Retail\">Bhatia Communications and Retail<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.tickertape.in\/blog\/four-firms-announced-stock-split\/#JBM-Auto\" title=\"JBM Auto\">JBM Auto<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Schaeffler-India\"><\/span><strong>Schaeffler India<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The management of the ball and roller bearing manufacturing firm has informed the Indian exchanges of the <a href=\"https:\/\/www.tickertape.in\/blog\/stock-split\/\">stock split<\/a> decision, and the record date for the <a href=\"https:\/\/www.tickertape.in\/stocks\/collections\/largecap-stocks?utm_source=blog&amp;utm_medium=article\">large-cap<\/a> <a href=\"https:\/\/www.tickertape.in\/blog\/stock-split\/?utm_source=blog&amp;utm_medium=article\">stock split<\/a> has been set for 9 February 2022.<\/p>\n\n\n\n<p>Schaeffler India announced the share split in its most recent exchange announcement, noting, \u201cThe Members of the Company through postal ballot have approved Sub-division of <a href=\"https:\/\/www.tickertape.in\/blog\/what-is-equity\/\">Equity<\/a> Shares of the Company from One (1) Equity Share having face value of Rs. 10 each (Rupees Ten Only) into Five (5) <a href=\"https:\/\/www.tickertape.in\/blog\/what-are-equity-shares-meaning-types-features-limitations-and-more\/\">Equity Shares<\/a> having face value of Rs. 2 each (Rupees Two Only) fully paid up.\u201d<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Shree-Ganesh-Biotech\"><\/span><strong>Shree Ganesh Biotech<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>This small-cap stock will be split in half at a ratio of 1:10, and the company\u2019s management has informed the Indian exchange of its board of directors\u2019 final decision on the stock split. The record date for the stock split has been set for 11 February 2022. The corporation has also issued a share incentive. The firm has told the exchange that its board of directors will meet on 7 March 2022 to discuss the declaration of the issuing of <a href=\"https:\/\/www.tickertape.in\/blog\/bonus-shares\/\">bonus shares<\/a> to the company\u2019s equity <a href=\"https:\/\/www.tickertape.in\/blog\/shareholders\/\">shareholders<\/a>.<\/p>\n\n\n\n<p>Meanwhile, the company\u2019s board of directors has authorised the stock split decision and has informed the exchange, claiming, \u201cIn terms of Regulation 42 of <a href=\"https:\/\/www.tickertape.in\/blog\/securities-and-exchange-board-of-india-functions-powers-and-regulations-of-sebi\/?utm_source=blog&amp;utm_medium\">SEBI<\/a> (Listing Obligations and Disclosure Requirements) Regulations, 2015, our earlier letter dated 29 December 2021 we have informed that the Company has fixed Friday, 11 February 2022 as the \u201cRecord Date\u201d, for the purpose of sub-division of company\u2019s 1 (one) equity shares of the face value of Rs. 10 each into 10(ten) equity shares of the face value of Re. 1 each, subject to the approval of shareholders, which is obtained through Postal Ballot (including e-voting) in accordance with the applicable laws and regulations.\u201d<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Bhatia-Communications-and-Retail\"><\/span><strong>Bhatia Communications and Retail<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>This is another small-cap firm whose stock split decision has been accepted by its board of directors. According to the company\u2019s exchange announcement, they have chosen to split their shares in half at a ratio of 1:10, with a record date of 16 February 2022.<\/p>\n\n\n\n<p>The approval of a stock split was announced by Bhatia Communications and Retail, claiming, \u201cPursuant to Regulation 42 of <a href=\"https:\/\/www.tickertape.in\/blog\/securities-and-exchange-board-of-india-functions-powers-and-regulations-of-sebi\/\">SEBI<\/a> (Listing Obligation and Disclosure Requirements) Regulations, 2015, we write to inform you that the board of directors of the Company has fixed Wednesday, 16 February 2022 as the Record Date for determining the eligibility of Shareholders with regard to the sub-division of each equity share of the face value of Rs. 10 (Rupees Ten) each into 10 (ten) equity shares of the face value of Re. 1 (Rupee One) each as approved by the shareholders in the Extra Ordinary General Meeting held on 22 January 2022.\u201d<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"JBM-Auto\"><\/span><strong>JBM Auto<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The board of directors of this auto firm has approved the stock split plan and has told the Indian exchange that its share of Rs. 5 per equity share would be divided into Rs. 2 per equity share, with the stock split taking effect on 22 February 2022.<\/p>\n\n\n\n<p>JBM Auto states in its exchange communication, \u201cPursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Company has fixed Tuesday, 22 February 2022 as the \u201cRecord date\u201d for determining the eligibility of members for the purpose of sub-division of the equity shares of the Company from Face Value of Rs. 5 each fully paid-up to Face Value of Rs. 2 each fully paid-up.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>These four stocks\u2019 liquidity is projected to improve as a result of the stock split. Read more about it all here in this article.<\/p>\n","protected":false},"author":54,"featured_media":6588,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[10,1744],"tags":[1272,252],"acf":[],"modified_by":"Aradhana Gotur","jetpack_featured_media_url":"https:\/\/www.tickertape.in\/blog\/wp-content\/uploads\/2022\/01\/6-2.png?wsr","_links":{"self":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/6793"}],"collection":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/users\/54"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/comments?post=6793"}],"version-history":[{"count":2,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/6793\/revisions"}],"predecessor-version":[{"id":6825,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/6793\/revisions\/6825"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/media\/6588"}],"wp:attachment":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/media?parent=6793"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/categories?post=6793"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/tags?post=6793"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}