1]Schaeffler India: The management of the ball and roller bearing company has informed about the stock split decision on the Indian stock exchanges and the record date for the large cap stock split is February 9, 2022 has been announced.

In its latest exchange communication, Schaeffler India informed of the stock split quoting: “Members of the Company by postal vote have approved the subdivision of the Company’s equity shares from one (1) share of participation with a nominal value of Rs. 10/- each (ten rupees only) into five (5) equity shares with a nominal value of Rs. 2/- each (two rupees only) fully paid.”

2]Shree Ganesh Biotech: This small cap stock will be split 1:10 and the company’s management has informed the Indian Stock Exchange of its board’s final decision on the stock split. The record date for the stock split was set for February 11, 2022. The company also announced a stock bonus. The company has informed Exchange that its board of directors will meet on March 7, 2022 to consider the statement of issuance of free shares to shareholders of the company.

In the meantime, the company’s board of directors has approved the stock split decision and notified the stock exchange in this regard, citing: “Under Regulation 42 of the SEBI Regulation (Registration and Disclosure Requirements) , 2015, our earlier letter dated December 29, 2021, we have informed that the Company has set Friday, February 11, 2022 as the “record date”, for the purposes of the subdivision of the 1 (one) shares of the Company of a nominal value of Rs. 10/- each in 10 (ten) shares of the face value of ₹1/- each, subject to shareholder approval obtained by postal ballot (including electronic voting) in accordance with applicable laws and regulations.”

3]Bhatia Communications and Retail: This is another small cap company whose stock split decision was approved by its board of directors. In accordance with the company’s exchange communication, they have decided to split its shares in 1:10 and the record date for the stock split has been set for February 16, 2022.

Bhatia Communications and Retail advised of the stock split approval quoting: “In accordance with Regulation 42 of the SEBI (Registration and Disclosure Requirements) Regulations 2015, we are writing to inform you that the Board of Directors of the company have fixed Wednesday, February 16, 2022 as the record date for determining the eligibility of shareholders in respect of the subdivision of each capital share with a par value of Rs. 10/- (ten rupees) each into 10 (ten) capital shares with a nominal value of Re. 1/- (Rupee One) each as approved by the shareholders at the Extraordinary General Meeting held on January 22, 2022.”

4]JBM Auto: The board of directors of this car company approved the stock split proposal and they informed the Indian stock exchange that its share of ₹5 per share will be divided into ₹2 per share and the record date for the stock split is February 22, 2022.

In its exchange communication, JBM Auto states: “In accordance with Regulation 42 of the SEBI (Registration and Disclosure Requirements) Regulations, 2015, we would like to inform you that the Company has set Tuesday, February 22, 2022 as the ” ‘registration’ to determine the eligibility of members for the purpose of subdividing the shares of the company from the nominal value of Rs. 5/- each fully paid up to the nominal value of Rs. 2/- each fully paid .”