Shalimar Agencies sets record date for stock split

Shalimar Agencies Limited (BSE: 539895) has announced a stock split, with a record date set for March 14, 2025. This decision, approved by shareholders on February 13, 2025, will see each existing equity share with a face value of ₹10 being subdivided into ten shares, each with a face value of ₹1. The company has fixed Friday, 14th Day of March, 2025 as 'Record Date' for the purpose of determining the eligibility of shareholders. The purpose of the split is to enhance shareholder value by increasing the stock's accessibility to a broader range of investors. The announcement complies with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.