Stock Split Bonus Share: F Mec International Financial Services Ltd has announced two corporate actions of a bonus issue and a stock split (stock split bonus share). The stock split will take place first and then the company will issue bonus shares.
F Mec International Stock Split
In an exchange filing, F Mec International Financial Services said that a stock split will take place in a manner that the existing face value of Rs 10 will become Rs 2. It means that the stock split ratio has been fixed at 5:1.
"Sub-division of 1 (One) equity share of face value of Rs 10/- each fully paid-up into 5 (Five) equity shares of face value of Rs 2/- each fully paid-up, held by the shareholders of the company as on the record date, subject to the approval of shareholders in Extraordinary General Meeting," F Mec International said.
F Mec International Bonus Issue
After the stock split, F Mec International will issue bonus shares of Rs 2 face value. F Mec International will issue bonus shares in the ratio of 1:10. It means that one bonus share of Rs 2 face value will be issued for every 10 shares.
"Issue of bonus equity shares in the ratio of 1:10 i.e., 1 (One) bonus Equity Share of Rs 2/- (Rupee Two) each for every 10 (Ten) Equity Shares of Rs 2/- (Rupee Two) each fully paid-up, held by the shareholders of the Company as on the record date, subject to the approval of shareholders in Extraordinary General Meeting," F Mec International said in filing.
The extraordinary general meeting (EGM) of F Mec International will be held on May 04, 2026 (Monday).
Stock Split Bonus Share Record Date
F Mec International is yet to announce the record date for both the stock split and the bonus issue.
Stock Split Bonus Share Impact On Price
F Mec International share price closed in the green at Rs 91.36 on BE during Friday's (April 10) trading session. Once F Mec International shares turn ex-date efor stock split bonus share, the market price willadjust in the same ratio and shares will become cheap.
F Mec International shares have remained flat in the past two years. In three years, F Mec International shares have zoomed more than 300 per cent. In five years, F Mec International shares have skyrocketed nearly 2,500 per cent.
F Mec International is an NBFC registered with the RBI. It has a market capitalisation of Rs 81 crore, according to BSE data.
Aahana Resort Jim Corbett rooms: Major expansion plan in place
