Akme Fintrade Announces Stock Split with Record Date Set for April 18, 2025

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Akme Fintrade Announces Stock Split with Record Date Set for April 18, 2025

Team Finance Saathi

17/Mar/2025

What’s covered under the Article:

Akme Fintrade (India) Limited announces a stock split in a 1:10 ratio for its equity shares.
April 18, 2025, has been set as the record date to determine eligible shareholders.
The company aims to increase liquidity and enhance affordability of its shares.

Akme Fintrade (India) Limited has officially announced that the Board of Directors has fixed Friday, April 18, 2025, as the Record Date for the purpose of determining the eligibility of shareholders for the sub-division (split) of the company's equity shares.

The company has decided to split 1 equity share of the face value of ₹10 (fully paid-up) into 10 equity shares of the face value of ₹1 each. This move is part of the company’s ongoing efforts to improve liquidity and make shares more accessible to investors.

Details of the Record Date and Split:

Record Date: April 18, 2025
Purpose: For determining eligibility for the sub-division of equity shares
Impact on Shares: 1 equity share of ₹10 will be sub-divided into 10 equity shares of ₹1 each.
Book Closure: Not applicable, as the Record Date itself will be used to determine eligibility for the split.

The share split aims to make the shares more affordable for retail investors, thereby encouraging wider participation in the company’s equity capital.

The official information is also available on the company’s website at akmefintrade.com for further reference.

The company has asked stakeholders to take note of this update and requested the exchanges to update the records accordingly.

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Akme Fintrade Announces Stock Split with Record Date Set for April 18, 2025

What’s covered under the Article:

Details of the Record Date and Split:

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