As one of the top producers and suppliers of refractory products, Vesuvius India Limited recently announced a stock split of 1:10 to increase its appeal to retail investors. The board approved the directors’ decision during the February 26, 2025, meeting, and the record date has been set for June 10, 2025.  

With this stock split, each equity share of face value ₹10 will be divided into ten shares of face value ₹1 each. Any shareholder who desires to hold Vesuvius India shares after the record date will benefit from 10 shares for every share they owned prior. This corporate action allows easier trading of the company’s stock.  

In this case, Vesuvius India informs the market that the board of directors approved the subdivision of 1 equity share of ₹10 into 10 equity shares of ₹1, where the date of record for this corporate action shall be June 10, 2025.

The stock split announcement happens after Vesuvius India’s shares have significantly increased in value, increasing by 29% since the announcement and reaching new all-time highs. This will likely boost the stock’s trading activity and increase the number of investors interested in the company.  

Vesuvius India supplies Refractory materials and solutions for the Steel, Foundry, and Glass industries. It is part of the Global Vesuvius Group and currently has a market capitalisation of approximately ₹9,745 crore.  

Vesuvius India’s shareholders will be entitled to a 1:10 share split, with a record date of June 10, 2025. This action will enhance the liquidity of both shares and stocks, significantly reduce the price of the stock, make public investment easier, and thus create considerable value for the company and its shareholders.

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