Gautam Exim Ltd (GEL) board has announced a 10:5 stock split, reducing the face value of its equity shares from 10 to 5. Shareholders will receive two shares for every one share they hold. The record date for this stock split is 22 May 2026. You can check the announcement from the company here.
Stock Split Details
| Particulars | Details |
|---|---|
| Company | Gautam Exim Ltd (GEL) |
| Split Ratio | 10:5 |
| Record Date | 22 May 2026 |
| Ex-Date | 22 May 2026 |
| Eligibility | Shareholders holding or buying shares on or before the cum-date (22 May 2026) |
| Credit Timeline | Within 2–3 trading days from the record date (22 May 2026) |
What is a Stock Split?
A stock split is when a company increases the number of shares by reducing the face value per share.
What does the 10:5 stock split mean for Gautam Exim Ltd?
Each share with a face value of 10 will be subdivided into shares with a face value of 5. For every 1 share held, shareholders will receive 2 shares, effectively increasing the number of shares by two times.
Example:
Before Split: 100 shares at 315 each = 31,500
After Split: 200 shares at 157.5 each = 31,500
The total investment value remains the same. Only the number of shares and the price per share change proportionately.
Also, we adjust the OHLC data and charts on Kite for corporate actions like bonuses, stock splits, and rights issues. We’ve explained it here .
Who is eligible to receive the split shares?
Shareholders who hold or purchase shares of Gautam Exim Ltd on or before the cum-date (22 May 2026) will be eligible to receive the split shares. To qualify, the shares must be credited to your demat account by the record date (22 May 2026).
How long does it take for the split shares to reflect?
When a stock undergoes a split, it takes up to 2–3 working days from the ex-date or record date for the new shares to be credited to the demat account. During this period, the shares may not be visible in your holdings.
The P&L may show a temporary dip in profits or an increase in losses until the updated shares are credited. This will automatically adjust once the holdings are updated.
Can I sell my shares before the split shares are credited?
Yes, you can sell your shares even before the split shares are credited to your demat account. Any shares sold will be adjusted for the stock split, and the remaining entitlement will be credited within 2–3 working days after the record date. There will be no impact on your P&L.
What happens if a stock split results in fractional shares?
If a stock split results in fractional shares, these cannot be traded in the market. The company appoints a trustee to buy back the fractional entitlement, and the proceeds are credited to the shareholder’s primary bank account, typically within 45 days.