What is Stock Split and Example of Coforge Ltd

A stock split is when a company increases the number of its shares by dividing existing ones, reducing the price per share but not changing the overall market value. Benefit for Investors and Traders : This makes shares more affordable and can boost liquidity. Approval Required : Board thereafter Members Example

Ltd announced a stock split, increasing the number of shares from 6,68,73,099 to 33,43,65,495. Each share's face value will decrease from Rs. 10 to Rs. 2. Completion is expected within three months of member approval.