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Bloomberg Quint

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Image Credit: Bloomberg Quint

Upcoming Stock Split: Indo Thai Securities — Check Record Date And More

  • Indo Thai Securities Ltd. is conducting a stock split where shares will be split from a face value of Rs 10 to Re 1 each, with the ex-date set for June 18 and the last day for purchase eligibility on July 18.
  • Investors aiming to benefit from stock splits must monitor the record date closely as it determines who will receive additional shares post-split based on the split ratio.
  • For investors to be eligible for a stock split, they must hold shares as of the record date announced by the company, with India following the T+1 settlement cycle.
  • Other companies like Algoquant Fintech, Bemco Hydraulics, and GTV Engineering have also approved stock splits, with different split ratios and details.

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