Several Indian companies, including Last Mile Enterprises Ltd, Optimus Finance Ltd, Shukra Pharmaceuticals Ltd, and Softrak Venture Investment Ltd, have announced stock splits on March 21, 2025. The splits will adjust the face value of shares from ₹10 to ₹1, making shares more affordable and increasing market liquidity.
Several Indian companies, including Last Mile Enterprises Ltd, Optimus Finance Ltd, Shukra Pharmaceuticals Ltd, and Softrak Venture Investment Ltd, have announced stock splits to make their shares more accessible to investors. These companies have revised the face value of their shares from ₹10 to ₹1, effective March 21, 2025.
Stock Splits to Enhance Affordability and Trading Volume
Stock splits are a common corporate action aimed at increasing liquidity by reducing the per-share price, thereby attracting retail investors. With this decision, shareholders of the mentioned companies will receive additional shares while the overall market capitalization remains unchanged.
Company Overview
- Last Mile Enterprises Ltd operates in diversified business sectors and is known for its strong financial services division.
- Optimus Finance Ltd is engaged in financial services, offering loans and investment solutions to businesses and individuals.
- Shukra Pharmaceuticals Ltd is a pharmaceutical manufacturer specializing in high-quality medicines and healthcare solutions.
- Softrak Venture Investment Ltd focuses on venture investments, supporting emerging businesses across multiple industries.
By implementing stock splits, these companies are expected to attract more investors, increase market participation, and enhance trading volumes. Analysts believe that such corporate actions indicate confidence in future growth and expansion strategies.
