5 Stocks That Will See A Stock Split In June, 2022

It is imperative to keep a close vigil on corporate actions as they offer you with a crystal-clear perspective of the equity you possess during difficult times like surging inflation, volatile stock market, and other conditions. There will be 5 stock splits in the month of June and it is imperative to keep a close watch. We have compiled a list of stock splits that is going to take place in the month of June.

Below are the company splits for the month of June

Company	Old Face Value	New Face Value	Split Date
Ashnisha Industries Ltd	10	1	23/06/2022
Darshan Orna Ltd	10	2	16/06/2022
G G Engineering Ltd	2	1	8/6/2022
Sadhna Broadcast Ltd	10	1	10/6/2022
Ajanta Soya Ltd	10	2	16/06/2022

1. Ashnisha Industries Ltd

In the board meeting that was held on June 3, the stock declared stock split and as per the filing, "With reference to the above captioned subject, we would like to inform you that Board of Directors in its meeting held on Friday, 03rd June, 2022, fixed the record date as Thursday, 23rd June, 2022, for determining the eligibility of shareholders for the purpose of stock split/sub-division under Regulation 42(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations. 2015.

According to information available, the split will take place from the Face Value of Rs 10 to Re 1 in the ratio of 10:1. It is presently not allowed for trading as a result of GSM. According to BSE, the stock had touched a 52-week high and low of 20.30 and 4.35, respectively.

2. Darshan Orna Ltd

The stock Current Market Price is 27.00 as per BSE website. the stock had touched a 52-week high and low of 150.00 and 19.90, respectively. It has given a 35% annual return.

The company has said in its stock exchange filing, "Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we wish to inform you that the company has fixed Tuesday, 14 June, 2022 as the "Record Date" for determining the eligibility of members for the purpose of SubDivision of the equity shares of the company from face value of Rs.10 /- each to Face value of Rs 2/- each. ( with a corresponding increase in the total no. of shares)." The split is slated to take place from the FV of Rs 10 to Rs 2 in the ration of 10:2.

3. G G Engineering Ltd

The stock has touched a 52-week high of 30 apiece and 52-week low of 4.80. The stock has given a negative return of 75.85% in one year. The CMP of the stock is 5.42 as of writing the report.

The company has informed BSE by saying that "Pursuant to the above, we wish to give Intimation of Record Date as per Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") for the purpose of subdivision/split of nominal value of equity share of Rs. 2/- (Rupees Two) to Re. 1/- (Rupee One) each" The split shall take place from the FV of 2 to Re 1 in the ratio of 2:1.

4. Sadhna Broadcast Ltd

The stock is trading at 92.50 as of writing the report with a gain of 4.82%. It has touched a 52-week high of 92 65 and 52-week low of 9.65. It is multibagger stock and has given an annual return of 742.27%.

The company's Board of Directors has informed BSE that, "This is to inform you that the Extra Ordinary General Meeting of the members of the Company was held on Tuesday, 31st May, 2022 at 11::30 AM through Video Conferencing (VC)/ Other Audio Video Means (OAVM) to consider and approve following resolutions as set out in the Notice of EGM dated 04 May, 2022:- 1. Sub-Division of Equity Shares From The Face Value Of Rs. 10/- Per Share to Re 1/-Per Share.. Adoption of Memorandum of Association As Per Companies Act, 2013. 3. Alteration of the Capital Clause in the Memorandum Of Association Consequent Upon Sub Division. 4. Approval For Making Investment(S), Loans, Guarantees And Security In Excess Of Limits Specified Under Section 186 Of Companies Act, 2013."

The stock split will take place from the FV of 10 to Re 1 in the ratio of 10:1.

5. Ajanta Soya Ltd

The stock has given an attractive return of 123% in 1 year. The current market price of the stock is 254.90 with a fall of 0.55%. It has climbed its 52-week high and low at 346 and 100, respectively. According to reports, the stock split will take place from the FV of 10 to Rs 2 in the ratio of 10:2.