Shiv Aum Steels Ltd approves 1:5 stock split, face value cut to Rs. 2
SPLIT
▲ Positive Development
LOW RISK
📅 Filed on BSE: 13 Nov 2026, 07:03 PM IST · BSE ID: 11313009-21e7-4077-9999-a2585eb1f568
View Original BSE Filing (PDF)
💡
In Simple Terms
Shiv Aum Steels Ltd is splitting its shares. One share of Rs. 10 will become five shares of Rs. 2 each.
🤖 AI Summary
- Shiv Aum Steels Ltd board approved equity share sub-division.
- Each Rs. 10 face value share splits into 5 shares.
- New face value per share set at Rs. 2.
- Objective: enhance liquidity and broaden shareholder base.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Face value of equity shares
Rs. 10
New face value per equity share
Rs. 2
🏢 How This Affects the Company
This split is a corporate action intended to make shares more accessible to a wider range of investors by reducing the per-share price.
The total market capitalization of the company remains unchanged immediately after the split. Shareholder equity and reserves are not directly affected.
Operational changes are minimal, primarily involving administrative adjustments for the revised share structure in company records and exchange filings.
There is no inherent increase or decrease in business risk directly associated with a stock split itself.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders. The split will be processed automatically.
👤
Who Is Affected
All existing shareholders as of the record date will have their shareholding proportionately increased, with a corresponding decrease in the face value per share.
🔍
Management Signal
This decision signals management's intent to improve the stock's tradability and attract a broader investor base.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List - track these upcoming events
Record date announcement for the stock split.
Confirmation of effective date of share sub-division.
BSE/NSE listing of the split equity shares.
LOW RISK
Stock splits are routine corporate actions with no inherent financial or operational risk.
💡 Investor Takeaway
Shiv Aum Steels Ltd board approved a 1:5 stock split. Each equity share of Rs. 10 face value will be sub-divided into 5 equity shares of Rs. 2 face value.
❓ Frequently Asked Questions
What corporate action has Shiv Aum Steels Ltd approved?
Shiv Aum Steels Ltd's Board of Directors has approved a sub-division/split of its equity shares.
What is the ratio of Shiv Aum Steels Ltd's stock split?
Each equity share having a face value of Rs. 10 will be sub-divided into 5 equity shares.
What will be the new face value of Shiv Aum Steels Ltd shares after the split?
The new face value per equity share will be Rs. 2 after the sub-division.
Why did Shiv Aum Steels Ltd approve a stock split?
The split aims to enhance equity shares' liquidity and broaden the shareholder base by making them more accessible.
Questions based on this BSE filing only. For information purposes.