Description

NSE announces face value split of Mrs. Bectors Food Specialities Limited equity shares from Rs. 10 to Rs. 2, effective December 12, 2025.

Summary

National Stock Exchange of India has notified that Mrs. Bectors Food Specialities Limited (BECTORFOOD) will undergo a face value split of its equity shares. The face value and paid-up value will be reduced from Rs. 10 to Rs. 2 per share, representing a 1:5 split ratio. This change will be effective from December 12, 2025.

Key Points

  • Company: Mrs. Bectors Food Specialities Limited
  • Trading Symbol: BECTORFOOD
  • Existing face value: Rs. 10 per share
  • New face value: Rs. 2 per share
  • Split ratio: 1:5 (each existing share will become 5 shares)
  • Effective date: December 12, 2025
  • Circular reference: NSE/CML/71468, Circular Ref. No: 2287/2025

Regulatory Changes

This is a corporate action involving modification of the capital structure of the company. The face value split does not involve any regulatory changes but is a restructuring of existing equity capital into smaller denominations to improve liquidity and affordability of shares.

Compliance Requirements

  • Members and market participants must note the change in face value and paid-up value
  • Trading systems and records must be updated to reflect the new face value from December 12, 2025
  • Shareholders will receive proportionally increased number of shares with reduced face value
  • No action required from shareholders as the split will be processed automatically

Important Dates

  • Circular Date: November 25, 2025
  • Effective Date: December 12, 2025

Impact Assessment

Market Impact: The face value split will increase the number of outstanding shares by 5 times while reducing the trading price proportionally. This typically improves liquidity and makes shares more affordable for retail investors. The market capitalization and shareholder wealth remain unchanged.

Operational Impact: Trading members need to update their systems to reflect the new face value and adjust position limits accordingly. The split may lead to increased trading activity due to improved affordability and liquidity of the stock.

Impact Justification

Face value split is a significant corporate action affecting share structure and trading. Medium impact as it changes nominal value but not market capitalization or shareholder wealth.