Archive · 2 Jun 2025
India Glycols Announces Stock Split, Shares Up 50% This Year
Imagine India Glycols is like a pizza, and each share is a slice.
The company decided to cut each slice in half, so there are more slices now.
This is called a stock split.
It makes each slice (share) cheaper, so more people can buy them.
The company did this because it can make the stock easier to trade.
The date they will do this will be announced later.
The company's stock price went up a little bit today and has gone up a lot this year!
India Glycols approved a 2:1 stock split.
One share of ₹10 face value will be split into two shares of ₹5 each.
The record date for the stock split will be announced later.
The company has no history of bonus issues or stock splits.
The stock is trading 0.30% higher on Friday and is up nearly 50% in 2024.
- Who
- India Glycols Ltd.
- What
- India Glycols approved a 2:1 stock split.
- When
- Friday, May 30
- Where
- Not Applicable
- Why
- To increase outstanding shares and improve trading liquidity.
- Stock Split Ratio
- 2:1
- Share Face Value Change
- ₹10 to ₹5
- Record Date
- To be announced
- Friday's Stock Change
- 0.30%
- Year-to-Date Stock Change
- Nearly 50%