Stock Split 2022: These 3 stocks will trade in ex-split next week. details here

Here we list the details regarding stock split In these small-cap stocks:

1]Greencrest Financial Services: The board of directors of the small-cap company has fixed the record date for stock subdivision as 13 October 2022 on ex-date basis, which means small-cap stock whose market cap is approx. The ex-split of 65 crores is going to trade on 12 October 2022 i.e. next week on Wednesday. The Board of the Company has declared stock subdivision in the ratio of 10:1 which means one stock 10 per equity share face value will be divided into 10 shares of face value of Re 1 per equity share.

2]Nikhil Adhesives: The board of directors of this small-cap stock with a market cap of Rs. Next week is going to trade 847 crore ex-split in Wednesday’s trade session. The small-cap company has already approved and declared stock split in 10:1 ratio, which means one equity paid-up capital of face value 10 face value will be divided into 10 paid up capital of face value of Re 1 per equity share.

3]Colorchips New Media: Like the other two ex-split stocks mentioned above, this small-cap stock is also going to trade ex-split on Wednesday, 12 October 2022 i.e. next week. Small-cap company with market cap 153 crore has declared stock subdivision in the ratio of 5:1 on ex-date basis, which means that the company will split its existing stock. 10 face value of face value 5 in paid-up capital 2 each. The Board of Directors has considered and approved the Stock Sub-Division and the Company has informed the Indian Stock Exchanges in this regard.

So these three smallcap stocks are going to trade ex-split next week in Wednesday’s trading session.