Stock Split News, Stock Split 2025: A listed entity dealing in trading and distribution business recently announced stock split of its shares for investors.
Recently, the firm also declared its Q1 quarterly results for FY 2026.
Notably, this is the first ever corporate action announced by the company, as per latest details on BSE website.
The company, currently trading in agricultural product, has recently fixed the record date for the stock split.
Companies announce stock splits to lower share prices, making them more affordable for retail investors and boosting liquidity. The split doesn’t change the company’s value but enhances market appeal.
The company under discussion is Chandrima Mercantiles Ltd, which has a market cap of Rs 112.17 crore as of August 15, 2025, as per BSE.
Chandrima Mercantiles Stock Split
The firm has announced stock split from Rs 10 to Rs 1.
“Split / Sub-division of Equity Shares of the Company from face value of Rs. 10.00/- each to face value of Re. 1.00/- each subject to the approval of shareholders of the Company,” the firm informed in May through an exchange filing.
Chandrima Mercantiles Stock Split Record Date
The company has declared August 20, 2025 as the record date for the stock split.
“…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,” the company informed in its August 12 dated exchange filing.
Chandrima Mercantiles Q1 Results FY 2026
Chandrima Mercantiles’ net profit fell 34.38 per cent to Rs 0.42 crore in the quarter ended June 2025, compared to Rs 0.64 crore in the quarter ended June 2024. Sales dropped 29.44 per cent to Rs 4.41 crore from Rs 6.25 crore in the same period.
Chandrima Mercantiles Share Price
On Thursday, August 14, the stock closed at Rs 50.50, down 1.48 per cent from its previous closing, on BSE.
Chandrima Mercantiles Share Price History
The 52-week share price range is Rs 109.02 and Rs 26.23.
The stock is around 12 per cent up in 2 weeks.
In 1 and 3 months, shares gained over 10 per cent and 7 per cent, respectively.
In 1, 2, 3 and 5 years, stock rose around 64 per cent, 644 per cent, 1060 per cent and 167 per cent, respectively.