Company Set to Split Shares Into 10 Parts
Padam Cotton Yarns Ltd is making headlines once more. Following two generous bonus issues for investors, the company has now opted for a tenfold share split. This means one existing share will soon become ten smaller shares. The company has designated June 27, 2025, as the official record date for the share split.
Face Value Slashed from ₹10 to ₹1
According to the latest stock exchange filing, the current face value of ₹10 per share will be adjusted to ₹1 following the split. This decision is intended to enhance liquidity and make the stock more accessible to retail investors.
Two Bonus Issues Already Given This Year
Padam Cotton Yarns has already issued bonus shares twice in 2025. In January, the company issued its first bonus, granting investors one bonus share for each share they owned. The second round came in March, offering two bonus shares for every three shares owned. These rewards made investors hopeful and strengthened the company’s image as a shareholder-friendly firm.
Dividend Was Also Paid in 2024
In November last year, the company had also declared a dividend of ₹1 per share. That means investors not only received bonus shares twice this year but also earned a cash return last year. Despite some dips in share prices, long-term holders have seen strong returns.
Recent Price Performance and Market Trends
The share price has been under pressure lately. Over the past month, Padam Cotton Yarns shares have dropped nearly 31 percent. In the last six months, the fall is around 50 percent. Still, investors who stayed with the stock for a year have gained over 280 percent. This shows that the stock has been volatile but rewarding.
Market Cap and Trading Price
The company’s current market capitalization stands at ₹52.26 crore. On Friday, shares of Padam Cotton Yarns closed at ₹40.48 on the BSE. The stock’s 52-week high touched ₹127.56 while the low was just ₹10.82. Clearly, it has been a rollercoaster for investors.
Final Note for Investors
While the share split may attract new buyers, it is important to do your own research. Past returns do not guarantee future profits.
Note: Consult a financial advisor before making any decision in the stock market.
