Published on 04/11/2025 04:23 PM
1:10 Stock Split: Websol Energy System, a leading player in the solar energy sector, has approved a 1:10 stock split, where each existing share with a face value of Rs 10 will be divided into 10 new shares with a face value of Rs 1 each. The company said this move aims to improve share liquidity and make the stock more affordable for retail investors.
A stock split is a corporate action where a company divides its existing shares into multiple new shares. The price of each share is reduced proportionally.
In an exchange filing, Websol Energy stated that November 14, 2025, has been fixed as the record date to determine shareholders eligible for the stock split.
The company noted, “...fixed 14 November 2025 as record date for determining the eligibility of the equity shareholders for the purpose of sub-division/split of equity shares of the Company, such that 1 (one) equity share having face value of Rs 10 each be sub-divided/split into 10 (ten) equity shares having face value of Rs 1 each.”
Following the split, each shareholder will receive nine additional shares for every one share held. For instance, investors holding 100 shares before the split will own 1,000 shares post-split. While the number of shares will increase, the overall value of an investor’s holdings and the company’s market capitalization will remain unchanged.
Alongside the stock split announcement, Websol Energy reported strong financial results for the second quarter of FY2025-26. The company’s revenue rose 21 per cent year-on-year to Rs 1,682.20 crore, compared to Rs 1,435.50 crore in the same quarter last year. Net profit grew 10.3 per cent to Rs 463.20 crore, while EBITDA increased 16.5 per cent to Rs 730 crore. The EBITDA margin stood at 43.45 per cent versus 43.65 per cent in Q2 FY2024-25.
Abhay Shukla is a Senior Sub-Editor at Zee Business, where he covers the stock markets, corporate news, personal finance, technology, and auto sectors.
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