Sikko Industries Board Approves Stock Split and 1:1 Bonus Issue; Share Price Rises 5%

As of 9:24 AM, Sikko Industries share price (NSE: SIKKO) were trading at ₹109.08, up 5.38% from the previous close of ₹103.51. The stock opened at ₹111, touched a high of ₹114.30, and a low of ₹108.25, so far, reflecting investor interest following the company’s latest corporate announcement.

Board Approves Stock Split and Bonus Issue

The board of Sikko Industries Limited has considered and recommended a sub-division of its equity shares and the issuance of bonus shares. The proposed stock split involves dividing one equity share of face value ₹10 each into ten equity shares of face value ₹1 each, fully paid up.

In addition, the company plans to issue bonus equity shares in a 1:1 ratio — one new equity share of ₹1 each for every one existing fully paid-up equity share of ₹1. These proposals are subject to shareholder approval at the upcoming Extraordinary General Meeting (EGM).

Shareholder Approval and Record Date

The EGM of Sikko Industries Limited, numbered 01/2025-26, is scheduled for Thursday, November 13, 2025. The record date for determining eligible shareholders for the stock split and bonus issue will be decided by the Board or its Committee after receiving the members’ approval.

Also Read: Key Corporate Actions This Week: October 20 To October 24!

Conclusion

The dual announcement of a stock split and a 1:1 bonus issue highlights Sikko Industries’ intent to enhance liquidity and reward its shareholders. Once approved, these measures are expected to make the company’s shares more affordable for retail investors and improve market participation, potentially driving long-term value creation.

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