# Everything You Need to Know About the JOJO Ltd Stock Split 2026

**URL:** https://tradingqna.com/t/everything-you-need-to-know-about-the-jojo-ltd-stock-split-2026/196827
**Category:** Stock splits
**Created:** [August 7, 2026, 10:52am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-the-jojo-ltd-stock-split-2026/196827 "2026-08-07T10:52:39Z")
**Posts on this page:** 1
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### Author: ![Shruthi](https://tradingqna.com/user_avatar/tradingqna.com/shruthi/32/45458_2.png) [@Shruthi](https://tradingqna.com/u/Shruthi)
#### Post date: [August 7, 2026, 10:52am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-the-jojo-ltd-stock-split-2026/196827/1 "2026-08-07T10:52:39Z")

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JOJO Ltd (JOJO) 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 07 August 2026. You can check the announcement from the company [here](https://www.bseindia.com/downloads/UploadDocs/Notices/20260728-49/20260728-49.pdf).

**Stock Split Details**

| Particulars | Details |
| --- | --- |
| Company | JOJO Ltd (JOJO) |
| Split Ratio | 10:5 |
| Record Date | 07 August 2026 |
| Ex-Date | 07 August 2026 |
| Eligibility | Shareholders holding or buying shares on or before the cum-date (06 August 2026) |
| Credit Timeline | Within 2–3 trading days from the record date (07 August 2026) |

**What is a stock split?**

> **[What is a stock split & how does it affect shares?](https://support.zerodha.com/category/console/corporate-actions/stock-splits/articles/stock-split)**
>
> Stock splits are corporate actions where the number of shares held increases but the face value of each share reduces. It is done to improve liquidity. Total investment remains the same.

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 JOJO 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 2 times.

Example:

Before Split: 100 shares at ₹155 each = ₹15,500.

After Split: 200 shares at ₹77.50 each = ₹15,500.

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.

> **[Why does the Open, High, Low, Close (OHLC) of historical data on the Kite...](https://support.zerodha.com/category/trading-and-markets/charts-and-orders/charts/articles/kite-charts-not-matching-as-per-the-records-in-nse-or-bse)**
>
> Why does the Open, High, Low, Close (OHLC) of historical data on the Kite charts sometimes not match the records updated in NSE or BSE?

**Who is eligible to receive the split shares?**

Shareholders who hold or purchase shares of JOJO Ltd on or before the cum-date (06 August 2026) will be eligible to receive the split shares. To qualify, the shares must be credited to your demat account by the record date (07 August 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 an artificial decrease in profits or an increase in losses until the new shares are credited. This will be automatically adjusted once the shares 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. However, the shares sold will be adjusted for the stock split, and the remaining split shares will be credited to your account 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 shares, and the proceeds are credited to the shareholder’s primary bank account, typically within 45 days.