Geekay Wires Ltd Stock Split Tomorrow; Last Day to Buy Ahead of 1:2 Split

Hyderabad, October 29, 2025: Geekay Wires Ltd (BSE: 540914), which specializes in iron and steel products, will undergo a stock split tomorrow, October 30, 2025. Under the split, ₹2 face value shares will become ₹1 a share. Investors must purchase the shares by today, October 29, to receive the stock split benefit.

Geekay Wires Ltd, based in Hyderabad, is engaged in the manufacturing and export of steel wire products catering to the power transmission and infrastructure sectors. The company, listed under the Iron & Steel Products category, continues to maintain a steady operational footprint in both domestic and global markets.

What Does a Stock Split Mean for Shareholders?

Eligible shareholders of Geekay Wires Ltd will receive one fully paid-up equity share for every one share from the stock split, which lowers the face value share amount from ₹2 to ₹1. This will effectively double the total number of outstanding shares while maintaining the company’s market capitalization.

The purpose of the move is to reward existing shareholders, increase the liquidity, and reduce the price of the stock to appeal to a broader market of retail investors in hopes of increasing the level of market participation and trading volume after the split.

Record Date, Eligibility, and Split Ratio

To be eligible for the stock split, investors must buy shares of Geekay Wires Ltd on or before October 29, 2025. Shares purchased on or after October 30, 2025, will trade on an ex-split basis, and such buyers will not be entitled to the split benefit. The company has fixed October 30, 2025, as the record date to determine eligible shareholders who will receive the subdivided shares in the ratio of 1:2 (from a face value of ₹2 per share to ₹1 per share).

Geekay Wires Share Performance Ahead of Split

The share price of Geekay Wires Ltd was trading at ₹69.46, which is a 0.73% gain as of 10:59 AM on Wednesday. Geekay Wires shares opened at ₹70.00, slightly higher than its previous close of ₹68.96. During the session, the stock hit a high of ₹70.69 and a low of ₹68.75, with a total volume of 62,115 shares and a value of ₹43.11 lakh.

The stock’s VWAP stood at ₹69.63, and it has a market capitalization of ₹362 crore. Geekay Wires recorded a 52-week high of ₹118.85 and a 52-week low of ₹63.19. The company’s face value is ₹2 per share, and the book value per share stands at ₹24.41. The stock currently has no dividend yield. Geekay Wires Ltd shares have dipped 30.99% in the last year-to-date, 6.29% in the last six months, and gained 0.97% in the last month.

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