Sweet Surprise! This FMCG Sugar Stock Unlocks 1:10 Stock Split, Record Date Fixed For Sept 18

Kesar Enterprises Limited is a company that manufactures, markets, and sells a wide range of products. Its extremely varied operations may be roughly divided into three categories: sugar, spirits, and power. Kesar Enterprises Limited (KEL), which was founded in 1933, expanded to become a part of the Kilachand group.

A 1:10 stock split has been announced by Kesar Enterprises Limited, a prominent FMCG company in the sugar industry, making its shares more accessible to individual investors. Given that the company has also announced a record date, this nice move is anticipated to increase liquidity, draw in more investors, and generate interest over the stock before the start of the festive season.

"This is to inform you that in terms of Regulation 42 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, the Company has fixed a Record date for Sub division (Stock Split) of the Equity Shares of the Company," said Kesar Enterprises in a stock exchange filing.

The above declared record date has been made possible for the purpose of sub-division of equity shares of the company such that 1 equity share having face value of Rs. 10/ each, is subdivided into 10 equity shares having face value of Rs. 1/ each.

This was approved by the shareholders at the Annual General Meeting held on 22.08.2025 as per Kesar Enterprises.

"The Equity shares of the Company are listed and traded on the BSE Limited ("BSE"). With a view to enhance the liquidity in the capital market, to widen shareholder base and to make the shares affordable/ accessible to small/ retail investors in the Stock Market, the Board of Directors at their meeting held on 24th July 2025, had considered and approved the sub-division (stock split) of one equity share of the Company having a face value of Rs. 10.00 (Rupees Ten Only) each into 10 (Ten) equity shares having face value of Rs. 1.00 (Rupee One Only) each, ranking pari-passu with each other in all respects with effect from the Record Date, subject to approval of the members and any other statutory & regulatory approvals, as may be applicable. The proposed sub-division (stock split) of shares will not have any effect on the voting percentage/rights of any shareholder of the Company," said Kesar Enterprises in its FY25 annual report.

Kesar Enterprises Share Price Target

"Kesar Enterprises stock price is slightly bullish on the Daily charts with strong support at 90. A Daily close above resistance of 102 could lead to a target of 118 in the near term," commented A R Ramachandran, independent research analyst.

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