1:2 stock split by FMCG company: Record date fixed

1:2 stock split: SKM Egg Products Export Ltd has announced the record date for its first ever stock split. The company has informed exchanges that its equity shares will be split into two parts.

1:2 Stock split details

In a regulatory filing, SKM Egg Products Export said it will split its equity shares with a face value of Rs 10 each into two equity shares of face value Rs 5 each. The company has fixed January 12, 2025, as the record date to determine the eligibility of shareholders for the stock split.

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A stock split increases the number of outstanding shares while reducing the face value, without impacting the company’s overall market capitalisation.

Under the stock split, every 100 shares will be converted into 200 shares, while the face value will be reduced to Rs 5. The total investment value will remain the same.

Share price performance

SKM Egg Products Export shares were trading at Rs 432.65, down Rs 5.65, or 1.29 per cent, in today’s session.

Despite the intraday decline, the stock has delivered a steady performance in recent months. It has gained about 1 per cent over the past one month and surged nearly 68 per cent in the last six months. In 2025 so far, the stock has returned around 74 per cent to positional investors.

The stock’s 52-week high stands at Rs 464.70, while the 52-week low is Rs 151 per share. The company’s market capitalisation is around Rs 1,140 crore.

Over a longer period, SKM Egg Products Export shares have risen about 66 per cent in the last one year and have delivered a strong return of nearly 638 per cent over the past five years.

Dividend history

SKM Egg Products Export has maintained a consistent dividend payout. The stock last traded ex-dividend in August, when the company paid a dividend of Rs 1.50 per share to eligible shareholders. In 2024, the company had announced a dividend of Rs 2.50 per share.