MOS Utility stock split record date on August 8, last day to buy shares today. Do you own?
MOS Utility
may remain in focus today as the company prepares to undergo a
stock split
in the ratio of 1:5, changing the face value of each share from Rs 10 to Rs 2, for which Friday, August 8, has been set as the record date.
This means Thursday, August 7, is the last day for investors to buy shares and be eligible for the benefit.
Productivity Tool
Zero to Hero in Microsoft Excel: Complete Excel guide
By Metla Sudha Sekhar
View Program
Finance
Introduction to Technical Analysis & Candlestick Theory
By Dinesh Nagpal
View Program
Finance
Financial Literacy i e Lets Crack the Billionaire Code
By CA Rahul Gupta
View Program
Digital Marketing
Digital Marketing Masterclass by Neil Patel
By Neil Patel
View Program
Finance
Technical Analysis Demystified- A Complete Guide to Trading
By Kunal Patel
View Program
Productivity Tool
Excel Essentials to Expert: Your Complete Guide
By Study at home
View Program
Artificial Intelligence
AI For Business Professionals Batch 2
By Ansh Mehra
View Program
A stock split is a corporate action where the company increases the number of its outstanding shares by issuing more shares to current shareholders. While the total market capitalization remains the same, each share's face value is reduced proportionally, improving stock liquidity and making it more accessible to retail investors.
In this case, each share of MOS Utility with a face value of Rs 10 will be split into five shares with a face value of Rs 2 each.
The stock split aims to encourage greater retail participation and improve trading volumes in the counter. The move also reflects the company's confidence in its long-term growth trajectory. With the stock currently trading at relatively higher levels, the split is expected to make it more affordable to a broader pool of investors.
Live Events
Stock splits typically indicate management's optimism and may result in higher retail interest in the short term. However, they also caution that a split does not change the underlying fundamentals of the company, and investors must assess the company's financials before making investment decisions.
As the stock split becomes effective post-record date, shareholders on record as of August 8 will see their existing holdings adjusted accordingly. For example, an investor holding 100 shares of face value Rs 10 will now hold 500 shares of face value Rs 2 each, with no change in total investment value.
(
Disclaimer
: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Economic Times
14 minutes ago
- Economic Times
Who is Sami Sheen? Charlie Sheen and Denise Richards' daughter who says she ‘almost got sex-trafficked'
(Catch all the US News, UK News, Canada News, International Breaking News Events, and Latest News Updates on The Economic Times.) Download The Economic Times News App to get Daily International News Updates.
Time of India
30 minutes ago
- Time of India
Cabinet clears Assam, Tripura development packages, Rs 4,200 cr MERITE scheme & LPG relief
The Union Cabinet , chaired by Prime Minister Narendra Modi , on Friday approved a set of major policy decisions spanning higher technical education reforms, relief to public sector oil companies for LPG losses, and continued targeted subsidies for Pradhan Mantri Ujjwala Yojana (PMUY) beneficiaries. Announcing the decisions, Union Minister Ashwini Vaishnaw said the measures would improve education quality, ensure energy affordability, and safeguard the financial stability of critical state-run enterprises. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program Special development packages for Assam and Tripura The Cabinet also approved four new components under the existing Central Sector Scheme of Special Development Packages (SDPs) for Assam and Tripura with a total outlay of Rs 4,250 crore from the Centre, alongside Rs 3,000 crore support from the Assam government. The approved components are: Rs 500 crore for infrastructure development in Adivasi-inhabited areas of Assam under the 2022 MoS signed with Adivasi groups. Rs 500 crore for infrastructure development in North Cacher Hills Autonomous Council areas inhabited by Dimasa National Liberation Army (DNLA) and Dimasa People's Supreme Council (DPSC) groups, as per the 2023 MoS. Rs 3,000 crore for infrastructure in Assam under the 2023 MoS with ULFA groups. Rs 250 crore for development of tribals in Tripura under the 2024 MoS with NLFT and All Tripura Tiger Force (ATTF). Live Events The Assam components will receive Rs 4,000 crore from the Centre over five years (2025-26 to 2029-30), while the Tripura component will get Rs 250 crore over four years (2025-26 to 2028-29). According to the government, these projects will create employment, benefit youth and women through skill development and entrepreneurship, and help mainstream affected communities. The packages aim to improve socio-economic conditions of marginalised groups, boost education and health services, and promote tourism in the North Eastern Region. Lakhs of people across Adivasi and Dimasa communities in Assam, residents in other districts of Assam, and tribal communities in Tripura are expected to benefit. The move follows earlier MoS-based packages for Bodo and Karbi groups, which officials said have delivered positive outcomes in peace-building and development. Also read: Cabinet approves support of Rs 30,000 crore for affordable LPG in households MERITE scheme approved by Cabinet The Cabinet cleared the Multidisciplinary Education and Research Improvement in Technical Education (MERITE) scheme to enhance quality, equity and governance in 275 technical institutions — 175 engineering colleges and 100 polytechnics — across all States and Union Territories. The initiative, aligned with the National Education Policy 2020, will run from 2025-26 to 2029-30 with a total outlay of Rs 4,200 crore, including a Rs 2,100 crore loan from the World Bank. It is a Central Sector Scheme that will be implemented through a Central Nodal Agency, with eminent institutions such as IITs and IIMs, as well as regulatory bodies like AICTE and NBA, playing key roles. An estimated 7.5 lakh students are expected to benefit, alongside State and UT technical education departments. The scheme will fund digitalisation strategies, develop guidelines for multidisciplinary programs, strengthen research and innovation, improve employability through labour market-aligned curricula, and boost accreditation and quality assurance mechanisms. Employment-oriented interventions include internships, industry-relevant curriculum updates, faculty development programmes, research hubs, innovation centres, skill labs and language workshops. 'The aim is to ensure higher placement rates for graduates and reduce unemployment among engineering students,' the government said. Compensation to PSU OMCs for LPG losses In a move to offset heavy losses from the sale of domestic LPG at regulated prices, the Cabinet approved Rs 30,000 crore in compensation to state-run oil marketing companies — Indian Oil Corporation Ltd (IOCL), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL). The amount will be disbursed in twelve tranches by the Ministry of Petroleum and Natural Gas. Officials said that high international LPG prices in 2024-25, which remain elevated, had not been passed on to consumers, leading to significant under-recoveries for the companies. The compensation will enable the OMCs to meet essential expenses such as crude and LPG procurement, debt servicing and capital investments, thereby ensuring uninterrupted supplies across the country. The government stressed that this measure underscores its commitment to insulating consumers from global price volatility while protecting the financial health of PSU oil firms and ensuring the widespread availability of clean cooking fuel.
Time of India
30 minutes ago
- Time of India
Ahmedabad plane crash: 65 families who lost kin hire US-based law firm Beasley Allen
At least 65 families from India and the United Kingdom who lost kin in the horrific June 12 Air India plane crash have hired prominent United States-based law firm Beasley Allen . The law firm's aviation attorney Mike Andrews visited the crash site in Meghaninagar area in Ahmedabad before coming to Vadodara city, where he met some of the victim families. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program While talking to the reporters here on Friday, Andrews said the families have an option of filing a product liability claim in a US court depending on the findings of the ongoing investigation. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Top 15 Most Beautiful Women in the World Undo Families who have contacted the law firm want to know what happened, why it happened and what are the options they have, Andrews added. He urged the Union government to release the data of the flight data recorder as well as cockpit voice recorder so that lawyers and experts can analyse it and explore further legal options. Live Events On June 12, Air India flight AI 171 , a Boeing 787-8 aircraft en route to London Gatwick, crashed into a medical hostel complex shortly after take off from Sardar Vallabhbhai Patel International Airport. The aircraft burst into flames, killing 241 out of 242 people onboard and 19 individuals on the ground, including four medical students. "We visited the crash site and spoke with some of the individuals who were there. We were able to take some photographs and get a feeling of the size of the scene. We met families from the UK and India, and they all expressed their burning desire for answers, for transparency and information," said Andrews. According to his media team, the majority of those 65 families from India and UK hail from Gujarat and neighbouring Diu. "We currently represent 65 families who are citizens of both India and the UK. Legal options are based on the data and what investigations reveal. It will give us an idea which entity may or may not be responsible. If Boeing is found to be responsible for this crash, we anticipate the cases will be filed in the Federal court in the US," said Andrews. He asserted the best place to hold companies accountable is in the USA using product liability laws available there. "The US legal system is set up in a way that an individual, a consumer or family, can stand on a level playing field with a multinational firm such as Boeing, look them in the eye and request accountability," he claimed. "We don't know whose error was that. The allegation is that a switch was removed. A very small piece of information has been released from the cockpit voice recorder. What we don't know is the larger context, what other conversations were held between the pilots. Once we have data, we will know that," he added. Andrews claimed a report suggesting pilot error in the crash was a "narrative typically originated from the manufacturer and its an attempt to deflect focus from their product". When asked if Indian pilots are purposefully blamed in this case, he said, "Not just Indian pilots, more often than not, pilots who are dead are the ones who are blamed. In other incidents wherein planes landed safely, those pilots were not blamed, because those pilots can speak for themselves." He emphasised that until the data of the crash is made available, it is difficult to find out what exactly happened and whether something has been hidden intentionally. "Families want data to be released to their attorneys and experts. We know Air India and the Indian government have this information. It is time to reveal that data so that experts can help families understand," he said. From Vadodara, Andrews will travel to Surat and then to Diu to meet the families who have agreed to pursue the case. Before leaving for the United Kingdowm , he will visit Ahmedabad and meet the kin of the victims, said his team. PTI
