Description

NSE announces face value split of KMEW equity shares from Rs. 10 to Rs. 5, effective December 22, 2025.

Summary

The National Stock Exchange of India has announced that Knowledge Marine & Engineering Works Limited (KMEW) 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. 5 per share, effective December 22, 2025.

Key Points

  • Company: Knowledge Marine & Engineering Works Limited
  • Symbol: KMEW
  • Existing face value: Rs. 10 per share
  • New face value: Rs. 5 per share
  • Existing paid-up value: Rs. 10 per share
  • New paid-up value: Rs. 5 per share
  • Split ratio: 1:2 (each share of Rs. 10 will become 2 shares of Rs. 5)

Regulatory Changes

No regulatory framework changes. This is a corporate action initiated by the company and approved through proper corporate governance procedures.

Compliance Requirements

  • All members and market participants must update their systems to reflect the new face value from December 22, 2025
  • Trading systems must be adjusted to account for the increased number of shares post-split
  • Depositories and clearing systems must process the split and credit additional shares to shareholders

Important Dates

  • Circular Date: December 08, 2025
  • Effective Date: December 22, 2025

Impact Assessment

For Shareholders: Existing shareholders will receive twice the number of shares at half the face value. The total value of their holding remains unchanged, but increased liquidity may result from lower per-share price.

For Trading: The stock price will be adjusted proportionally (approximately halved) on the effective date. Increased affordability per share may attract retail investors and improve trading volumes.

For the Company: Face value split is typically undertaken to make shares more affordable and improve market liquidity. No impact on company’s market capitalization or fundamentals.

Impact Justification

Face value split is a significant corporate action affecting share price and trading dynamics for KMEW shareholders, but does not change fundamental company value