PVV Infra Ltd (PVVINFRA) board has announced a 10:5 stock split, reducing the face value of its equity shares from ₹10 to ₹5. Shareholders will receive ten shares for every five shares they hold. The record date for this stock split is September 26, 2025. You can check the announcement from the company here.
Stock Split Details
| Company | PVV Infra Ltd (PVVINFRA) |
|---|---|
| Split Ratio | 10:5 |
| Record Date | September 26, 2025 |
| Ex-Date | September 26, 2025 |
| Eligibility | Shareholders holding or buying shares on or before the cum-date (September 25, 2025) |
| Credit Timeline | Within 2 -3 trading days from the record date (September 26, 2025) |
What is a 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.
What does the 10:5 stock split mean for PVV Infra Ltd?
Each share with a face value of ₹10 will be subdivided into shares with a face value of ₹5.
For every 5 shares held, shareholders will receive 10 shares, effectively doubling the number of shares.
Example:
- Before Split: 100 shares at ₹8 each = ₹800.
- After Split: 200 shares at ₹4 each = ₹800.
Who is eligible to receive the split shares?
Shareholders who hold or purchase shares of PVV Infra Ltd on or before the cum-date (September 25, 2025) will be eligible to receive the split shares. To qualify, the shares must be credited to your demat account by the record date (September 26, 2025).
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.