Stocks split to enhance liquidity and affordability today

Several companies, including Last Mile Enterprises, Optimus Finance, Shukra Pharmaceuticals, and Softrak Venture Investment, will begin trading with a new share structure today. These companies have split their shares, reducing the face value from ₹10 to Re 1. This change aims to make shares more affordable for investors and improve market liquidity. Investors should pay attention to these corporate actions as they can impact stock prices and trading volumes. The record date for this share split has been set for March 21, 2025. Under the T+1 settlement process, those who purchased shares of these companies before the record date will be eligible for the benefits of the share split. This means they will have smaller, more affordable shares once the split takes effect.