1:2 stock split: THIS company fixes record date, check details here
MURAE Organisor Ltd has officially announced a stock split in the ratio of 1:2, marking yet another strategic step in its effort to broaden investor participation and increase stock liquidity. The company's Board of Directors has fixed Wednesday, June 11, 2025, as the record date for this sub-division of equity shares. Shareholders holding one equity share of face value ₹2 as of the record date will receive two equity shares of ₹1 each. This move, approved by shareholders through a postal ballot on May 29, 2025, is expected to lower the entry barrier for retail investors while improving market depth.
Earlier, the company had announced its intent to acquire agricultural land in the strategically vital region of Kutch, Gujarat. This acquisition underscores the company's commitment to broadening its business horizons into agriculture and industrial sectors.
The proposed acquisition involves an investment estimated between INR 200 million and INR 250 million. This initiative is contingent upon thorough due diligence processes and the requisite regulatory approvals and statutory clearances.
The company intends to utilize the acquired land primarily for cultivating premium-quality pomegranates, exploiting Kutch's advantageous agro-climatic conditions, renowned for high-yield and quality horticulture. This agricultural project aligns seamlessly with government schemes aimed at promoting modern agricultural practices and sustainable growth, including the National Horticulture Mission and Pradhan Mantri Krishi Sinchai Yojana (PMKSY).
Additionally, MURAE Organisor Ltd. plans to set up a state-of-the-art distillery facility on the acquired premises, significantly broadening its operational capacity and enhancing its product offerings. This diversification into value-added products in the industrial segment positions the company strategically in an under-explored yet lucrative market segment, promising substantial margin improvement and sustainable long-term growth.
The company's proposed venture is poised to benefit significantly from the Gujarat Industrial Policy 2020, which offers various incentives such as capital subsidies, tax concessions, and infrastructure support. The supportive regulatory environment, coupled with sector-specific government initiatives, creates an encouraging framework for rapid and profitable business expansion.
For the financial year ended March 31, 2025, the company reported total revenue of ₹85.48 crore, a staggering increase compared to just ₹0.25 crore in FY24. The full-year net profit stood at ₹7.51 crore, against ₹5.31 lakh in the previous year, signaling a strong earnings rebound. The Q4FY25 net profit alone was ₹2.85 crore, underscoring consistent quarterly performance. MURAE's financials also show a notable build-up in trade receivables and cash positions, suggesting an expansion in operational scale and reach.
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