Small-cap stock under ₹100: Multibagger stock sets record date for 1:2 stock split. Details here
Live MintSmall-cap stock under ₹100: The board of directors of Blue Cloud Softech Solutions Limited has set 20 January 2025 as the record date for finalizing the list of eligible shareholders for the stock split benefit. The small-cap company board has approved a stock split in a 1:2 ratio, meaning one equity share of the multibagger small-cap stock with a face value of ₹2 each will be subdivided into two company shares with a face value of Re 1 each. Blue Cloud Softech Solutions stock split record date The small-cap stock informed the Indian stock market bourses about the development, saying, "We wish to intimate you that 'the Company' has fixed Monday, 20th Day of January 2025 as 'Record Date' to determine the eligibility of shareholders of the Company for Sub-division/Split of each fully paid-up equity share having face value of Rs.2/- each be Sub-divided into 2 fully equity shares having Face value of Rs.1/-, as approved by the shareholders in their meeting held on 30.12.2024." The company said in this exchange filing that the purpose of setting the Blue Cloud Softech Solutions stock split record date is to determine the eligibility of shareholders of the Company for Sub-division/Split of each fully paid-up equity share having a face value of Rs.2/- each be Sub-divided into 2 fully equity shares having Face value of Rs.1/-.