Blue Cloud Softech Solutions Ltd and Nava Ltd, two Indian companies, announced stock splits from ₹2 to ₹1 face value per share on January 20, 2025.
Two Indian companies, Blue Cloud Softech Solutions Ltd and Nava Ltd, have announced stock splits, reducing the face value of their shares from ₹2 to ₹1. Both companies confirmed this corporate action on January 20, 2025.
Blue Cloud Softech Solutions Ltd, a technology solutions provider known for delivering IT services and software solutions, is making this move as part of its strategy to increase liquidity in the stock market. By reducing the nominal value of its shares, the company aims to make its stock more affordable to retail investors and enhance trading activity.
Similarly, Nava Ltd, a company offering a range of products and services across various sectors, also opted for a stock split with the same intention of improving share liquidity and accessibility to investors.
These stock splits, effective from January 20, 2025, will make both companies’ shares more attractive to a larger pool of investors, particularly those looking for more affordable investment opportunities. Shareholders will receive new shares according to the ratio set by each company.
As these developments unfold, analysts are keenly observing how these stock splits will impact both companies’ stock prices and market performance in the coming weeks.
Both Blue Cloud Softech Solutions Ltd and Nava Ltd are listed on the Bombay Stock Exchange (BSE).