Dear Investors,
Fynx Capital Ltd has announced a significant stock split aimed at boosting liquidity and making the shares more accessible to retail investors. Here’s a clear and structured breakdown for your understanding.
Eligibility
To be eligible for the stock split, you must purchase Fynx Capital shares on or before 24 February 2026.
India follows a T+1 settlement cycle, meaning:
- Shares bought on 24 February (T) will be credited on 25 February (T+1).
- This ensures your name appears in the company’s records on the record date, making you eligible to receive the split shares.
Corporate Action Details
- Type: Stock Split (Subdivision of Equity Shares)
- Face Value: ₹10 → ₹1
- Split Ratio: 1:10 (1 share becomes 10 shares)
- Board Approval: 7 November 2025
- Shareholder Approval (EGM): 11 December 2025
- Record Date / Ex‑Date: 25 February 2026
- Total Capital Impact: No change in paid‑up capital; number of shares increases, price adjusts accordingly.
Key Dates at a Glance
| Date | Event |
|---|---|
| 24 Feb 2026 | Last Day to Buy (T+1 ensures eligibility) |
| 25 Feb 2026 | Ex‑Date – stock trades at adjusted split price |
| 25 Feb 2026 | Record Date & Split Effective |
The stock will continue trading at its pre‑split price until 24 February.
How It Impacts You
- Your total investment value remains the same.
- Only the number of shares increases, and the price per share decreases proportionally.
- Example:
Holding 1 share becomes 10 shares, each priced at one‑tenth the previous value. - The split aims to improve liquidity and attract broader participation from retail investors.
Capital Structure Changes After the Split
| Metric | Pre‑Split | Post‑Split |
|---|---|---|
| Face Value | ₹10 | ₹1 |
| Issued, Subscribed & Paid‑Up Capital | ₹20 crore = 2 crore shares | ₹20 crore = 20 crore shares |
| Authorised Share Capital | ₹25 crore = 2.5 crore shares | ₹25 crore = 25 crore shares |
| Overall Capital Value | Same | Same |
Rationale Behind the Split
- To expand the shareholder base
- To improve trading liquidity
- To make shares more affordable for small and retail investors
Typically within two working days from the record date.
Is the stock split taxable?
No stock splits are not taxable events as they do not change your total investment value.
If you have any questions about this or other corporate actions, feel free to share them in the comments below!
Happy Investing,
Team 5paisa