1:5 Stock Split: 100 shares will turn into 500

1:5 Stock Split: The board decided to reduce the face value of each share from Rs 10 to Rs 2. This will proportionally increase the total number of equity shares in circulation. For instance, an investor holding 100 shares of face value Rs 10 each will receive 500 shares of face value Rs 2 each. The overall value of the holding will remain the same.