The month of August 2025 is set for multiple corporate actions from major companies rewarding stock market investors. Multiple stock splits, bonus issues and dividends are lined up.
This week alone is packed with major announcements from India Glycols, Sprayking, Algoquant Fintech, and Dev Information Technology, four companies that have confirmed their stock split plans to boost liquidity and trading volumes. Here’s the full list of companies that are splitting their shares this week with details from the BSE website.
1. India Glycols 1:2 Stock Split
India Glycols Ltd (IGL), a leading green chemical and bio-based speciality chemical manufacturer in India, has announced a 1:2 stock split, reducing the face value from Rs. 10 to Rs. 5 per share. The record date for the stock split is set for tomorrow, i.e., August 12th.
2. Sprayking 1:2 Stock Split
Sprayking Ltd, engaged in manufacturing precision brass components, has declared a 1:2 stock split, lowering the face value from Rs. 2 to Rs. 1. The record date for this is also August 12th.
3. Algoquant Fintech 1:2 Stock Split + 8:1 Bonus Issue
Algoquant Fintech Ltd, a fintech and algorithmic trading solutions provider, has announced a double corporate action: a 1:2 stock split along with an 8:1 bonus share issue.
The stock split will reduce the face value from Rs. 2 to Rs. 1, while for the bonus, 8 fully paid shares will be given for every 1 existing share. The company has set the record date for shareholder eligibility on August 18.
4. Dev Information Technology 1:1 Stock Split
Dev Information Technology Ltd, an IT services and software solutions company, will subdivide shares from Rs. 5 to Rs. 2 face value. The Record Date is scheduled on August 21, 2025.
What happens in a stock split?
A stock split happens when a company increases the number of shares by dividing the existing ones, reducing the share price proportionally without changing the total market capitalisation. For example, in a 1:2 stock split, each share is split into two, doubling your share count but halving the per-share price.
Investors must buy at least one trading day before the record date to be eligible due to the T+1 settlement cycle. Post-split, shares are credited to your demat account within 2-3 trading days.