Synthiko Foils (SYNTHFO) board has announced a 5:10 capital reduction, increasing the face value of its equity shares from ₹5 to ₹10. Shareholders will receive half a share (0.5 shares) for every one share they hold post adjustment. The record date for this is October 17, 2025. You can check the announcement from the company here.
Consolidation Details
| Company | Synthiko Foils (SYNTHFO) |
|---|---|
| Split Ratio | 5:10 |
| Record Date | October 17, 2025 |
| Ex-Date | October 17, 2025 |
| Eligibility | Shareholders holding or buying shares on or before the cum-date (October 16, 2025) |
| Credit Timeline | TBA |
What is consolidation of shares?
Consolidation of shares is a corporate action where a company reduces the number of outstanding shares by combining the shares and increasing the face value. Consolidation of shares is also known as reverse stock split. The company notifies the shareholders through email before the stock consolidation.
What does the 5:10 consolidation mean for Synthiko Foils?
Each share with a face value of ₹5 will be consolidated into a share with a face value of ₹10. For every share held, the holder will receive 0.5 shares post the adjustment.
So, for every 2 shares held, shareholders will receive 1 new share, effectively reducing the number of shares by half.
Example:
- Before consolidation: 100 shares at ₹621 each = ₹62,100
- After consolidation: 50 shares at ₹1,242 each = ₹62,100
Who is eligible to receive the adjusted shares?
Shareholders who hold or purchase shares of Synthiko Foils on or before the cum-date (October 16, 2025) will be eligible to receive the adjusted shares. To qualify, the shares must be credited to your demat account by the record date (October 17, 2025).
How long does it take for the adjusted shares to reflect?
The timeline for crediting the adjusted shares hasn’t been confirmed yet. We’ll share an update once the exchange announces the date. After the shares are credited, it typically takes 2–3 days for them to be adjusted and reflected in your holdings.
Can I sell my shares before the consolidated shares are credited?
Until the shares are consolidated, they won’t be visible on Kite, and you won’t be able to sell them during this period.