Shares of Mrs. Bector Foods Specialities Ltd. fell on Friday, December 12, as the stock will begin trading adjusted for its share split announced earlier.
The company had announced during its earnings that it will be splitting one share of ₹10 into five shares of ₹2 each.
Record date for the stock split was fixed as Friday, December 12. This means, that those shareholders who had shares of Mrs. Bector Foods in their demat account as of closing on Thursday, will be eligible for the stock split.
Those who purchase shares of the company during today's trading session will not be eligible for the stock split.
For example, if an investor had 50 shares of Mrs. Bector Foods as of Thursday's close, a 1:5 split would mean that those 50 shares with a face value of ₹10 each, will turn into 250 sh

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