Nazara Technologies Ltd (NAZARA) has announced both a stock split and a bonus issue for its shareholders. You can check the announcements from the company here (Bonus) and here (Stock Split).
Stock Split Details:
- Company: Nazara Technologies Ltd (NAZARA)
- Stock Split Ratio: 2:1 (Each existing share of ₹4 face value will be subdivided into 2 shares of ₹2 each)
- Record Date: September 26, 2025
- Ex-Date: September 26, 2025
- Pre-Ex Date: September 25, 2025
Bonus Issue Details:
- Bonus Issue Ratio: 1:1 (Shareholders will receive 1 additional share for every share held)
- Record Date: September 26, 2025
- Ex-Date: September 26, 2025
- Pre-Ex Date: September 25, 2025
What Does This Mean for NAZARA Shareholders?
Stock Split:
- Stock Split Ratio: 2:1
- Your existing 1 share of ₹4 face value will be subdivided into 2 shares of ₹2 each.
- Example: If you hold 100 shares at ₹1083 each, your holdings will increase to 200 shares at ₹541.50 each (approx).
Bonus Issue:
- Bonus Issue Ratio: 1:1
- After the stock split, for every 200 shares you hold, you will receive 200 bonus shares, doubling your total holdings to 400 shares.
- The stock price after both the split and bonus issue will be around ₹270.75 per share (approx), but your total investment value remains ₹1,08,300.
Who is eligible for the Split and Bonus Issue?
To qualify for both the stock split and bonus issue, shareholders must hold shares of NAZARA on or before the cum-date (September 25, 2025). The record date for both actions is September 26, 2025.
When will the split and bonus shares reflect in my demat account?
Stock Split: The split shares will be credited to your demat account within 2–3 working days from the record date (September 26, 2025). During this period, the shares may not be visible in your holdings. P&L may show a temporary variation until the shares are updated.
Bonus Shares: The bonus shares are credited to your demat account within T+2 days from the record date (September 26, 2025). Initially, they may appear under a temporary ISIN and will take 4–5 working days to be assigned a permanent ISIN. Once assigned, the shares will reflect in your trading account and be available for trading.
Can I sell my shares before the split or bonus shares are credited?
Before Split Shares are credited: Yes, you can sell your shares before the split shares are credited. 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.
Before Bonus Shares are credited: Yes, you can sell your shares normally before the bonus shares are credited. This will not affect your trades or your P&L, as the bonus shares will be allotted based on your holdings as of the record date (September 26, 2025).