Defence stock to watch after company sets record date for 1:5 stock splitDefence stock to watch after company sets record date for 1:5 stock split

Introduction:

Defence stock has announced a 1:5 stock split, reducing the face value of its equity shares from ₹10 to ₹2, effective from the record date of March 17, 2025. The new ISIN for the sub-divided shares will be INE438E01032..

Share Price movement of Sika Interplant Systems:

On March 10, 2025, Sika Interplant Systems Ltd opened at ₹2498.75, rising 0.07% from its previous close of ₹2470.15. The stock reached a high of ₹2544.20, while the low stood at ₹2451.00. It closed at ₹2471.95, with a market capitalization of ₹1,048.15 crore.

Sika Interplant Systems share price rise:

Sika Interplant Systems Limited has announced the sub-division of its equity shares from a face value of ₹10 each to ₹2 each, effective from the record date of March 17, 2025. The company sets the record date for the 1:5 stock split, and the new ISIN for the sub-divided shares will be INE438E01032.

The activation of the new ISIN was completed on March 7, 2025, and the shares will now reflect the new face value of ₹2 each. The company has complied with SEBI’s regulations regarding this change, including the necessary filing and notification.

The ISIN activation was completed by Central Depository Services (India) Limited (CDSL) and Integrated Registrar & Transfer Agent Pvt. Ltd. The new ISIN allows shareholders to trade and hold shares with the updated face value.

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Recent news About Sika Interplant Systems:

​Sika Interplant Systems Limited, a company specializing in defense and aerospace sectors, has recently reported a 46.11% growth in net sales for the December 2024 quarter, amounting to ₹37.98 crore. This increase reflects the company’s strong market position and operational efficiency. ​

Ace investor holding of Sika Interplant Systems:

Dr. C G Krishnadas Nair holds 1.89% of Sika Interplant Systems Ltd., with 80,000 shares, valued at ₹19.8 crore. His investment reflects a strategic interest in the company’s growth potential within the industrial and plant systems sector.

Stock performance of Sika Interplant Systems for Period of 1 week, 6 months and 1 year:

Sika Interplant Systems’ stock has gained 10.8% over the past week, showing strong short-term growth. However, over the last six months, it has declined by 6.66%, reflecting some volatility. Over the last year, the stock has appreciated by 58.3%, indicating strong long-term performance.

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Shareholding pattern of Sika Interplant Systems:

Summary	Dec-24	Sep-24	Jun-24
Promoter	71.70%	71.70%	71.70%
FII	2.80%	2.80%	2.80%
DII	0%	0%	0%
Public	25.50%	25.50%	25.50%

About Sika Interplant Systems:

Sika Interplant Systems Ltd (BSE:523606) is a leading provider of engineering solutions specializing in plant automation, industrial systems, and mechanical equipment. The company focuses on delivering high-quality, innovative solutions to industries such as pharmaceuticals, chemicals, and manufacturing to enhance operational efficiency.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.