Dear Investors,
We would like to inform you about a corporate action announced by Paras Defence and Space Technologies Ltd regarding the sub-division (stock split) of its equity shares. Below are the key details and implications for shareholders:
Corporate Action Details
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Type of Corporate Action: Stock Split (Sub-division of Shares)
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Split Ratio: 1:2 (Each equity share of face value ₹10 is split into 2 equity shares of face value ₹5 each)
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Record Date: 4th July 2025
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Ex-Split Date: 4th July 2025
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Effective Date: 4th July 2025
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Eligibility: Shareholders holding shares of Paras Defence Ltd in their demat account as of the record date
Impact on Shareholding
Assume you hold 100 shares of Paras Defence Ltd before the record date.
| Before Stock Split | After Stock Split (1:2) | |
|---|---|---|
| Number of Shares | 100 | 200 |
| Market Price (Assumed) | ₹1,600 | ₹800 (approx., price adjusted) |
| Total Value | ₹1,60,000 | ₹1,60,000 |
Note: A stock split increases the number of shares while proportionally reducing the share price. Your total investment value remains unchanged immediately after the corporate action.
Credit Timeline
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The split shares will be reflected in your demat account on T+1, where T = Record Date (4th July 2025).
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Trading of the split shares is expected to begin from T+2, subject to listing confirmation by the exchange.
(This is subject to exchange circular.)
Portfolio Impact
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Your share quantity will increase, and the market price per share will adjust to reflect the stock split.
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No action is required from your end. Your demat account will be automatically updated.
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Your 5paisa portfolio will reflect the updated holdings and the adjusted average cost price.
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This corporate action is neutral in terms of immediate investment value.
Happy Investing,
Team 5paisa.