Kamdhenu Stock Split Record Date Today: What This Means For Shareholders?

Kamdhenu Ltd, a TMT bar manufacturer has announced its first-ever stock split in December 2024 and set the record date for the corporate action as January 8, 2024. As per the exchange filing, Kamdhenu shares will be split in a ratio of 10:1.

Kamdhenu Stock Split Record Date 

The record date of January 8, 2024, indicates that all the shareholders registered in the company’s books on this date will be eligible for the 10:1 stock split. Each existing share of ₹10 face value will be split into 10 new shares of ₹1 face value each.

If you buy Kamdhenu shares today to take benefit of the stock split, then you will not be eligible for the sub-division or stock split due to the T+1 settlement cycle.

Kamdhenu Q2 FY25 Performance

Despite several business challenges, Q2 FY25 revenue reached ₹190 crore, marking a 3% year-over-year growth. Volume sales through the franchisee network grew 11% year-over-year. The company’s strong brand reputation for quality and reliability continues to differentiate it in the market, attracting new franchisees and driving robust growth in royalty revenue, which increased by 11% to ₹33 crore. This royalty revenue remains highly capital-efficient, generating significant returns with minimal capital investment, thanks to the strength of the company’s brand.

About Kamdhenu Ltd

Kamdhenu Ltd was established in 1994 and engaged in the manufacturing, marketing, branding, and distribution of TMT Bars, structural steel and allied products. It is the largest TMT-selling brand in India, in the Retail Segment. The company has 8,500+ Dealers, and 250+ Distributors across India with 80+ Franchise Units to manufacture Steel Rebars

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