Kesar Enterprises Ltd to Trade Ex-Split From ₹10 to ₹1 Face Value on September 18

Mumbai, September 16, 2025 – Kesar Enterprises Ltd (BSE: 507180) will commence trading ex-split on September 18, 2025, after the Company has approved the reduction in the face value of each of its equity shares from ₹10 to ₹1. The record date for the split is also September 18, ensuring that eligible shareholders will receive additional shares in the proportion of their existing shares on that date.

Established in 1933, Kesar Enterprises Ltd has been involved in the sugar and spirit businesses for a considerable amount of time and has diversified into other allied companies. The stock split signifies Kesar Enterprises Ltd’s endeavor to facilitate greater investor participation in both the Company and the marketplace.

Details of the Split

The split will take place in a ratio of 1:10, which means that every shareholder who currently holds one equity share of a face value of ₹10 will now receive 10 equity shares of a face value of ₹1. It is important to note that the total market capitalization of the company will not change, despite the change in the total number of shares outstanding. Accordingly, the change only affects the number of shares in existence and their face value, but does not affect the value of the investment.

What It Means for Investors

The split means shareholders will own a higher number of shares overall, but the value of their investment remains unchanged. For example, if before the split, shareholders bought shares at ₹1,000 each, after the split, the shares will now be valued closer to ₹100. If they purchase or own 100 shares at a total value of ₹1,00,000 up to the split, they will own 1,000 shares at a total value of ₹1,00,000 after the split. Investors will now have access to shares at more manageable, affordable prices, allowing new investors to enter and existing investors to hold the same value of their investment.

Purpose Behind the Move

Companies typically undertake stock splits to make their shares more affordable to retail investors and to enhance liquidity in the market. By decreasing its per-share price, Kesar Enterprises Ltd will make its stock more appealing to an expanded pool of potential investors and, therefore, stimulate additional trading volume in its shares.

Share Price Performance

On September 16, before volatility, the share price of the company closed at ₹111.80, up ₹2.15 (1.96%) from its previous close of ₹109.65. The share opened at ₹111.80 and remained unchanged at this price, staying within the upper cut. Certain 52-week highs and lows reflect that the company’s share price remains between ₹172.75 and ₹61.00. Today, shares were traded with a total volume of 0.10 Cr, maintaining an approximate market cap of ₹111 cr.

Outlook

The stock split will likely improve liquidity, increase participation by retail investors, and create affordability for investors, but the company’s market capitalization remains unchanged. For shareholders, this corporate action represents a similar path forward in being more inclusive in terms of investor engagement.

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