Published on 06/11/2025 02:04 PM
Stock split: Real Estate stock divides one share into five; shares under pressureRecord date for the said stock split will be intimated in due course, Ajmera Realty & Infra India said in a regulatory filing.By Meghna Sen November 6, 2025, 2:04:04 PM IST (Updated)1 Min ReadAjmera Realty & Infra India Ltd on Thursday, November 6, announced that the board of the company has approved a stock split, alongside its March quarter results.
The board has approved the stock split in the ratio of 1:5, which means that one equity share of the company, which currently carries a face value of ₹10, will now turn into five equity shares with a face value of ₹2 each.
Record date for the said stock split will be intimated in due course, the company said in a regulatory filing.
Ajmera Realty reported a 14% year-on-year decline in its consolidated net profit to ₹30.4 crore for the September quarter, compared to ₹35.3 crore in the same period last year.
Revenue, however, rose 10% to ₹219 crore from ₹199 crore a year ago, led by steady project execution.
Operating performance weakened marginally, with EBITDA slipping 2.5% to ₹58 crore and margins narrowing to 26.4% from 29.8% in the year-ago period.
Following the announcement, shares of Ajmera Realty & Infra India Ltd. are trading about 4% lower at ₹1,016. The stock is down 10% on a year-to-date basis.Continue ReadingFirst Published: Nov 6, 2025 1:48 PM ISTCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsAjmera RealtyStock Split