Archive · 5 Oct 2026
BLS E-Services Sets Stock Split as Record Date Nears
BLS E-Services is changing how its shares are divided.
Each old share with a face value of ₹10 will become two shares with a face value of ₹5 each.
The company set October 6 as the date for checking which investors qualify.
The articles say October 5 is the last day to buy shares and qualify.
The company had also announced a ₹0.50 final dividend per ₹10 face-value share.
Its shares closed lower on October 1, although the articles report positive returns over one and two years.
Another company, Veranda Learning Solutions, has a separate spin-off.
Eligible Veranda shareholders will receive one share in J.K. Shah Commerce Education for each Veranda share they hold.
The new company plans to seek listings on BSE and NSE, subject to approvals and required processes.
BLS E-Services set October 6 as the record date for its stock split; the articles identify October 5 as the last day to buy and qualify.
The split converts each existing ₹10 face-value share into two shares with a face value of ₹5 each.
The company had announced a final dividend of ₹0.50 per ₹10 face-value equity share before announcing the split.
BLS E-Services shares closed at ₹322.05 on BSE on October 1, down 1.99%; the articles report 75% returns over one year and around 42% over two years.
Separately, eligible Veranda Learning shareholders will receive one J.K. Shah Commerce Education share for each Veranda share; the new company plans to pursue BSE and NSE listings subject to approvals and processes.
- Who
- BLS E-Services Limited and its shareholders; Veranda Learning Solutions and its eligible shareholders are also mentioned.
- What
- BLS E-Services is splitting each ₹10 face-value share into two ₹5 shares; Veranda Learning is distributing J.K. Shah Commerce Education shares to eligible shareholders.
- When
- The record date is Tuesday, October 6; the articles identify Monday, October 5, as the last day to buy and qualify. BLS E-Services' cited closing price was from October 1.
- Where
- The share-price information refers to BSE; J.K. Shah Commerce Education plans to pursue listings on BSE and NSE.
- Why
- The record date determines which shareholders qualify for the respective corporate actions.
Corporate actions
Investor considerations
Eligibility timing
Corporate actions
The companies set October 6 as the record date to determine eligible shareholders.
Investor considerations
The articles state that investors had to own the shares before the record date, making October 5 the last stated day to buy and qualify.
- Record date
- Tuesday, October 6, for the BLS E-Services split and Veranda Learning spin-off.
- Last stated buying date
- Monday, October 5.
- BLS E-Services split ratio
- Each one ₹10 face-value share becomes two ₹5 face-value shares.
- Previously announced dividend
- ₹0.50 per equity share with a ₹10 face value.
- Veranda spin-off entitlement
- One J.K. Shah Commerce Education share for each Veranda Learning share held by an eligible shareholder.
- BLS E-Services closing price
- ₹322.05 on BSE on October 1, down 1.99%; reported market capitalisation was ₹2,926.03 crore.
- Reported BLS E-Services returns
- 75% over one year and around 42% over two years; one article also reports a 56% return in 2026 so far.
- Planned listing
- J.K. Shah Commerce Education plans to pursue listings on BSE and NSE, subject to mandatory approvals and processes.
