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News Topical, Digital Desk : The company has set a record date for its share split. This means that investors who hold the company's shares by the specified date will be eligible for the split. This news has a direct impact on the share price, trading, and investor holdings, so it's important to understand it in simple terms. The company has stated in a filing with the stock exchange that the record date has been set for Friday, January 2, 2026. This date will determine which shareholders will be eligible for the share split. Multi Commodity Exchange of India Limited (MCX) has issued a major update regarding its share split. MCX has already received approval from its shareholders that a share with a face value of ₹10 will now be converted to a face value of ₹2, meaning it will be divided into 5 shares. If an investor held 1 MCX share as of the record date, they will have 5 shares after the split.
The company's shares fell 1.37% to close at ₹10,025 on December 17, 2025. A share split does not change the company's total value or the investor's total investment. Only the number of shares increases and the price per share decreases. For example, if a share was worth ₹1,500 before the split, it may fall to around ₹300 after the split, but the value of your total investment remains the same. The primary reason for this is to increase liquidity. When a stock price rises, it becomes difficult for small investors to buy it. After a split, the stock appears cheaper, allowing more investors to trade in it. This increases volume and increases the stock's volatility. This move is considered significant for MCX because it is India's leading commodity exchange, and retail investor participation is steadily increasing. A stock split could make MCX stock accessible to more investors. It's also important to note that shares must be purchased before the record date to be included in the shareholder list. Shares purchased after the record date are not eligible for the split. Therefore, investors should carefully monitor their share holdings and dates in their demat accounts. This MCX stock split is not a negative for investors, but rather a structural change. While it may impact trading in the short term, it could make the stock more liquid and retail-friendly in the long term.
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