
Multi Commodity Exchange of India (MCX) has received shareholder approval for the sub-division of its equity shares. Under the approved stock split, every 1 equity share with a face value of ₹10 will be subdivided into 5 equity shares with a face value of ₹2 each, fully paid-up.
MCX has fixed Friday, January 02, 2026, as the record date to determine the eligibility of shareholders for the stock split. Investors holding MCX shares as of this date will be entitled to receive the additional shares resulting from the sub-division.
A stock split does not change the overall market capitalisation of the company. Instead, it increases the number of outstanding shares and reduces the per-share face value. The objective is often to improve liquidity and make the stock more accessible to a broader base of investors by lowering the price per share.
Suppose an investor holds 100 MCX shares before the record date, each with a face value of ₹10. After the stock split, those 100 shares will be converted into 500 shares, each with a face value of ₹2. While the number of shares increases fivefold, the total investment value remains unchanged, subject to market price movements.
Post the stock split, the share price of MCX is expected to adjust proportionately to reflect the increased number of shares. Trading volumes may improve due to the lower per-share price, potentially enhancing liquidity in the stock.
Also Read: Kotak Mahindra Bank Announces January 14 as Record Date for Stock Split!
The MCX stock split effective January 02, 2026, is a structural change that increases share count without altering shareholder value. Investors should ensure their holdings are credited correctly and reflected accurately in their demat account, as eligibility for the split depends on shares held as of the record date.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a private 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: Jan 2, 2026, 8:26 AM IST

Nikitha Devi
Nikitha is a content creator with 7+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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