1:10 Stock Split + Rs 55 Dividend: Two Buzzing Stocks Trade Ex-Date Today; Mid Cap & Small Cap Stocks To Watch

Today is the last day for investors to hold shares of two major companies-one mid-cap and one small-cap-as they trade ex-date ahead of their respective corporate actions. Holding the stock before the record date is essential to qualify for benefits such as dividends or stock splits.

The spotlight is on Sanofi Consumer Healthcare, which has announced a significant dividend, and Akme Fintrade Ltd, which is undergoing a 1:10 stock split. Both stocks remained in focus today.

Akme Fintrade Stock Split

Akme Fintrade (India) Ltd, a small-cap NBFC, has announced a stock split in the ratio of 1:10. According to the company's regulatory filing, "Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Board of Directors of the Company has fixed Friday, April 18, 2025, as the 'Record Date' for determining the eligibility of Shareholders for the purpose of sub-division/split of equity shares of the Company, such that 1 (one) equity share having a face value of ₹ 10 (Rupees Ten Only) each, fully paid-up, be sub-divided/split into 10 (ten) equity shares having a face value of ₹ 1 (Rupee One Only) each."

Akme Fintrade Share Today

Akme Fintrade shares jumped 11.89% intraday, currently trading at Rs 9.69 on the NSE. Despite today's rally, the stock has seen a sharp downturn recently, plunging 87% in the last five sessions. Since its listing in June 2024, the stock has eroded nearly 92% of its value, drawing caution from investors despite today's gains.

About ​Akme Fintrade (India) Ltd

Akme Fintrade (India) Ltd. (AFIL), established in 1996 and headquartered in Udaipur, Rajasthan, is a Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India. The company specialises in providing lending solutions tailored for rural and semi-urban populations across India.​

Sanofi Consumer Healthcare Dividend

Sanofi Consumer Healthcare, a mid-cap player in the pharmaceutical sector, is offering a final dividend of ₹55 per equity share. The company in an exchange filing stated, "Further, in reference to the outcome of the Board Meeting held on 20th February, 2025, where the The board recommended a final dividend of Rs. 55/- per equity share of the face value of Rs. 10. each, subject to the approval of shareholders at the ensuing 2nd Annual General Meeting."

The company had previously set the record date as 8th April, which was later on modified to 17th April in an exchange filing dated 9th April.

Sanofi Consumer Healthcare Share Today

Sanofi consumer healthcare shares today are retreading flat at Rs. 4,935 after slipping 1% today. In the last 30 trading days, Sanofi consumer shares have gained almost 5%.

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