Unison Metals Ltd. Announces Significant 1:10 Stock Split to Boost Investor Participation

Unison Metals Ltd. has announced a significant corporate action that will see a tenfold increase in the number of shares held by investors. By setting a record date for its 1:10 stock split, the company aims to make its shares more accessible and liquid in the market. This means each existing equity share with a face value of Rs 10 will be divided into 10 shares of Rs 1 each.

Despite the increase in the number of shares, the total investment value for shareholders remains unchanged. The primary goal of this move is to encourage greater retail participation and enhance trading volumes. The stock split is expected to attract more investors by making the shares more affordable.

In an official filing with the stock exchange on 28th October 2025, Unison Metals stated, "We wish to inform you that, the Company has fixed Friday, November 28, 2025, as the 'Record Date' for the purpose of determining the eligibility of shareholders for sub-division/ split of Existing 1 (One) Equity Share of face value of Rs. 10/- (Rupees Ten Only) each fully paid up, be Sub-divided / Split into 10 (Ten) Equity shares of face value of Rs. 1/- (Rupees One only) each fully paid-up, as approved by the shareholders in their Annual General Meeting held on Monday, September 29, 2025."

Unison Metals operates under the UCM Group of Industries and was initially established as a private entity in 1990. It transitioned to a public limited company in 1995. The company specialises in producing hot and cold rolled stainless steel sheets and stainless steel patta, primarily serving industrial applications across Gujarat, India.

Riyank Arora, a technical analyst at Mehta Equities Ltd., commented on Unison Metals' stock performance: "Trading near base support at ₹18 with mild recovery signs. Sustaining above ₹19.50 may lead to ₹21-₹22.50. RSI stabilizing from the oversold zone supports potential rebound. Trend: Cautiously positive; maintain buy above ₹19 with stop loss ₹17.80."

As per data from BSE on 30th October, Unison Metals holds a market capitalisation of approximately Rs 59 crore. This financial standing reflects its position within the steel industry, particularly in Gujarat.

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