Splitting stocks by companies is an important part of their strategy and this step has a direct impact on the stock because market prices are adjusted in this proportion. These changes in prices are applicable on the basis of the record date of the stock split and investors also get its benefit on the basis of this date. The record date of the split of 3 companies is to come in the next few days, while one company has announced the record date of stock split on Saturday itself. 

Mayukh Dealtrade said in a information sent to the stock exchange on Saturday that it has fixed Friday, October 25 as the record date for splitting the stock. The company is going to split the share with a face value of Rs 5 into 5 shares of Rs 1 each. According to the company, the decision of the split has been approved by the shareholders in the AGM held on September 28. In Friday's trade, the stock closed at Rs 8.25 with a decline of 3.6 percent. The stock is included in the XT group shares on the BSE and the stock has been placed in Stage 1 of ESM. Which other shares have an ex-date? The ex-date of Jindal Saw's stock split is falling on October 9. The company has decided to split the stock with a face value of Rs 2 into 2 stocks of face value of Rs 1 each. October 10 is the ex-date for New Light Apparels' stock splits. The company has decided to split the stock with a face value of Rs 10 into 10 stocks with a face value of Rs 1 each. The ex-date of Rajnish Retail's stock splits is falling on October 11. The company has decided to split the stock with a face value of Rs 5 into stocks with a face value of Rs 1 each.