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Sunil Kotak

18th Dec · SEBI-Registered Analyst

MCX fixes record date for 1:5 stock split

MCX fixes record date for 1:5 stock split: -

MCX
The Multi Commodity Exchange of India (MCX) has announced its first-ever stock split in the ratio of 1:5, and has fixed the record date to determine the eligibility of the shareholders MCX announces stock split: In an exchange filing released in the post-market hours of December 17, MCX announced that it has fixed January 2 as the record date for the stock split. This comes after the company in September announced that its shareholders have approved the company’s plan to divide every share with a face value of Rs 10 each into 5 equity shares with a face value of Rs 2 each. All this is for information. This is not a buy/sell recommendation. Thank you, Technofunda24

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