Vesuvius India Announces 10:1 Stock Split: Set June 10 as Record Date

Vesuvius India Ltd, a prominent player in the refractory products sector and a constituent of the BSE SmallCap index, has initiated a significant corporate action to enhance shareholder value. The company recently declared a 10:1 stock split, along with an impressive 145% dividend payout, equivalent to ₹14.50 per share.

Vesuvius Stock Split Details

The stock split, announced in February 2025, will see each existing equity share of ₹10 face value split into 10 equity shares of ₹1 face value. This move aims to improve liquidity and make the stock more accessible to a broader investor base. Following this split, shareholders will hold ten times the number of shares they currently own, while the overall value of their holdings remains unchanged.

The company, in its stock exchange filing dated February 26, 2025, stated:

"The Board has approved the proposal for the sub-division of equity shares from one share of face value ₹10 each (fully paid-up) to ten equity shares of face value ₹1 each (fully paid-up), subject to shareholder approval at the upcoming Annual General Meeting."

Also Read: Page Industries Declared ₹200 Interim Dividend: Set May 21 as Record Date

Vesuvius Stock Split Record Date

In a subsequent update on May 8, 2025, Vesuvius India fixed June 10, 2025, as the record date to determine the eligibility of shareholders for the stock split. This means investors holding the shares as of the record date will be entitled to receive the split shares in the new proportion.

Company Overview

As of May 16, 2025, Vesuvius India Ltd boasts a market capitalisation of approximately ₹10,881.13 crore. The company continues to be a key name in the industrial materials space, with a focus on manufacturing high-performance refractory solutions essential for the steel and foundry sectors.

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