Archive · 15 Jun 2025
Elitecon Announces Stock Split with June 25 Record Date
Elitecon International, a tobacco-product company, is splitting its stock.
This means each existing share will be divided into ten smaller shares.
The goal is to make the shares cheaper, so more people can buy them.
The company decided this at a special meeting on June 2nd.
If you owned shares on June 25, 2025, you'll get the new, smaller shares.
The price of each share is likely to go down after the split, but the total value of the company doesn't change.
Experts think this might make more people want to buy and sell the stock.
Elitecon International will split its shares, dividing each existing share into ten.
The stock split was approved on June 2, 2025, during an EGM.
The record date for the stock split is set for June 25, 2025.
Each ₹10 share will be subdivided into ten shares of ₹1 each.
The split aims to make shares more accessible and potentially increase trading volume.
- Who
- Elitecon International, a small-cap company.
- What
- Elitecon International is performing a 10:1 stock split.
- When
- The record date is June 25, 2025; the decision was made on June 2, 2025.
- Where
- N/A
- Why
- To make shares more affordable and potentially increase trading volume.
Shareholders
Analysts
Impact on Investors
Shareholders
Increased accessibility and liquidity.
Analysts
N/A
- Company
- Elitecon International
- Action
- 10:1 Stock Split
- Record Date
- June 25, 2025
- Previous Face Value
- ₹10
- New Face Value
- ₹1
- Market Capitalisation
- ₹8,358 crore