2 NSE-Listed Stocks To Watch For Upcoming 10:1 Stock Split, 1:2 Stock Split & 1:1 Bonus Issue

Two NSE-listed companies have announced significant measures that might reward current shareholders and draw in new investors as the impending corporate actions season heats up on Dalal Street. Market players may keep a close eye on both stocks for possible short-term trading opportunities and long-term portfolio benefits because both companies have planned bonus share offerings and stock splits.

Geekay Wires Limited

"This is to inform you that in terms of Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has been revised from Friday, 24th day of October, 2025 to Thursday, 30th day of October, 2025 as the Record Date, for the purpose of ascertaining the eligibility of shareholders entitled for Sub-division/Split of every 1 (one) equity share of the nominal/face value of Rs. 2/- (rupees two only) each into 1 (one) equity shares of the nominal/face value of Rs. 1/- (rupees One only) each," said Geekay Wires in an NSE filing.

Geekay Wires Target Price

"Geekay Wires stock price is slightly bullish on the Daily charts with strong support at 67.35. A Daily close above resistance of 70 could lead to a target of 79 in the near term," commented A R Ramachandran, Independent SEBI-registered Research Analyst.

Sikko Industries

During a meeting held on October 18, 2025, the Board of Directors declared 1:1 bonus shares and 10:1 stock split, i.e. issue of bonus equity shares of Re. 1 each for every 1 equity share of Re. 1 each fully paid up and sub-division of 1 equity share of face value of Rs. 10/- each fully paid-up into 10 equity shares of face value of Re. 1/- each fully paid-up.

The stock split corporate action has been announced in order to enhance the liquidity of the company's equity shares and to encourage participation of small investors by making equity shares of the company more affordable to invest in, as per Sikko Industries.
Consequently, the number of equity shares will increase tenfold.

The authorised share capital will change from 2,50,00,000 equity shares of Rs 10 each to 25,00,00,000 equity shares of Rs 1 each. Similarly, the subscribed and paid-up capital will increase from 2,18,40,000 equity shares of Rs 10 each to 21,84,00,000 equity shares of Rs 1 each.

It is proposed that 21,84,00,000 equity shares, each worth Rs 1, be issued as bonus shares, acquired from the free reserves or share premium account. The company's authorized share capital will rise from 25,00,00,000 equity shares of Rs 1 each to 45,00,00,000 equity shares of Rs 1 each following this bonus issue and the stock split, while the subscribed and paid-up capital will increase from 21,84,00,000 equity shares to 43,68,00,000 equity shares.

The corporation has set aside Rs 21,84,00,000 in free reserves and/or securities premiums to effectuate the proposed bonus issue. According to the statutory auditor's report for FY 2024-2025, as of March 31, 2025, the firm has enough reserves to fund the bonus issuance, including free reserves of Rs 1,519.10 lakh and a securities premium of Rs 4,435.20 lakh. Additionally, the company has stated that the bonus shares would be issued or credited within two months of the Board's approval date.

"The Record Date for the aforesaid sub-division of equity shares and issue of bonus shares shall be fixed by the Board (including any Committee thereof) after the approval of the Members is obtained," said Sikko Industries in an NSE filing.

Sikko Industries Target Price

"Sikko Industries stock price is bullish but also overbought on the Daily charts with next resistance at 113. Investors should be booking profits as a Daily close below support of 96 could lead to a target of 86 in the near term," commented A R Ramachandran, Independent SEBI-registered Research Analyst.

Disclaimer

The views and recommendations expressed are solely those of the individual analysts or entities and do not reflect the views of Goodreturns.in or Greynium Information Technologies Private Limited (together referred to as "we"). We do not guarantee, endorse or take responsibility for the accuracy, completeness or reliability of any content, nor do we provide any investment advice or solicit the purchase or sale of securities. All information is provided for informational and educational purposes only and should be independently verified from licensed financial advisors before making any investment decisions.