Sika Interplant Systems Ltd, an aerospace and defense engineering company based in Karnataka, India, has announced a stock split, reducing the face value of its shares from Rs. 10 to Rs. 2, effective March 17, 2025.
Sika Interplant Systems Ltd, a leading aerospace and defense engineering company headquartered in Karnataka, India, has declared a stock split, reducing the face value of its shares from Rs. 10 to Rs. 2. The stock split will take effect on March 17, 2025.
The move aims to enhance stock liquidity and affordability for investors, making it easier for smaller investors to participate in the company’s growth. Sika Interplant Systems specializes in manufacturing and supplying engineering solutions to the aerospace, defense, and industrial sectors, playing a crucial role in India’s defense ecosystem.
This stock split could attract greater market participation, potentially benefiting the company’s shareholding pattern. Market analysts believe such moves often boost investor confidence and increase trading volumes.
With the stock split effective from March 17, 2025, investors will see an adjustment in their holdings accordingly. The company has assured that all regulatory procedures and compliance measures have been followed.
