The Board of Directors of Colab Platforms Limited has approved a stock split in the ratio of 1:2, aimed at enhancing share liquidity and accessibility. As per the official statement, Wednesday, May 21, 2025, has been fixed as the record date for determining shareholder eligibility.
Under this sub-division, one equity share of face value ₹2 will be converted into 2 equity shares of face value ₹1 each. Following this corporate action, the company’s share price was locked at the upper circuit limit of 2% as of 1:53 PM on May 5, 2025, indicating strong investor interest.
In a move to reward shareholders, the Board has also announced an interim dividend of 0.5% per share, based on the original face value of ₹2 per equity share. The record date for dividend eligibility was fixed as April 24, 2025, and the company has confirmed that the dividend will be paid on or before May 16, 2025.
This dividend reflects the company’s steady financial performance and shareholder-centric approach during the financial year 2025–26.
Read More: Ather Listing Date Set for May 6: All You Need to Know.
Separately, Colab Platforms Limited has launched a ₹250 million Sports-Tech Growth Accelerator Programme under its newly formed Sports Innovation Division. This initiative is geared towards supporting India’s sports-tech ecosystem by backing early-stage startups and emerging ventures.
The programme aims to empower innovations across areas such as:
Speaking on the initiative, Puneet Singh, Managing Director of Colab Platforms, stated: “India’s sports sector is on the cusp of a digital leap, and with this Growth Accelerator, we are not just funding ideas but building an innovation engine for India’s sports future. We want to back visionaries who are building for the next generation of sports, both in India and for the world.”
Colab Platforms Limited, listed on the Bombay Stock Exchange, is known for delivering advanced technology-led solutions across diverse sectors. With a commitment to excellence, Colab has been instrumental in enabling its clients to achieve operational efficiency through customised processing systems.
By leveraging India’s growing tech ecosystem and highly skilled talent pool, Colab continues to play a pivotal role in shaping technological progress both within and beyond the Indian market.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: May 5, 2025, 3:04 PM IST
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