10 Shares For The Price of 1? 1:10 Stock Split Is Here With Record Date Set; Mark Your Calendar!

Chandrima Mercantiles is engaged in the trading of agricultural products. The company was incorporated on 27th December, 1982. On August 13, 2025, Chandrima Mercantiles Ltd. (BSE: 540829) is trading at Rs 51.00 per share, marking a 2.16% gain from its previous closing price of Rs 49.92. The stock opened the day at Rs 51.50 and has since fluctuated between a high of Rs 51.50 and a low of Rs 50.00. The company’s 52-week trading range is from a low of Rs 26.23 to a high of Rs 109.02. The market capitalization of Chandrima Mercantiles stands at approximately Rs 113.28 crore.

Chandrima Mercantiles Stock Split

“Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements), 2015, the Company has fixed Wednesday, 20th August, 2025 as the Record Date, for the purpose of ascertaining the eligibility of shareholders entitled for Sub-division/ Split of 1 (One) Equity Share of the Company having face value of Rs. 10.00/- (Rupees Ten Only) each into 10 (Ten) Equity Shares having face value of Re. 1.00/- (Rupee One Only) each,” said Chandrima Mercantiles in a stock exchange filing.

Chandrima Mercantiles News

“Pursuant to Regulation 29(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that a meeting of the Board of Directors of the Company will be held on Thursday, 14th August, 2025 at 04:00 P.M. at the Registered office of the Company situated at F-806, Titanium City Center, Anandnagar Road, Satellite, Jodhpur char Rasta, Ahmedabad, Gujarat, India – 380 015, to consider and approve the Unaudited Financial Results of the Company for the Quarter ended on 30th June, 2025 along with Limited Review Report,” confirmed Chandrima Mercantiles in a regulatory filing.

Chandrima Mercantiles Share Price Target

“Chandrima Mercantiles stock price is bearish & also overbought on the Daily charts with strong resistance at 53.4. Investors should be booking profits at current levels as a Daily close below support of 49 could lead to a target of 42.2 in the near term,” commented A R Ramachandran, independent research analyst.

 

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