SKM Egg Products Ends Lower on Ex-Split Day After ₹10 to ₹5 Face Value Sub-Division

1768132922272.webp
Mumbai, January 12, 2026: SKM Egg Products Export (India) Ltd ended Monday’s session lower after beginning trade on an ex-split basis, following the sub-division of its equity shares from a face value of ₹10 to ₹5 per share.
The stock closed at ₹159.90, down ₹12.25 or 7.12 percent from the adjusted reference price, after witnessing sustained selling pressure through the session. The decline reflects post-split market dynamics rather than any change in the company’s fundamentals.

Stock Split Adjustment Explained​

The face value split became effective on January 12, 2026, under which each equity share of face value ₹10 was subdivided into two equity shares of face value ₹5 each. This constitutes a 1:2 stock split.
Based on the previous close of ₹344.45 on January 9, 2026, the exchange-adjusted reference price for the ex-split session was ₹172.05. The stock traded below this level for most of the day.

Trading Session Snapshot (January 12, 2026)​

ParticularsDetails
Adjusted reference price₹172.05
Open₹170.60
High₹175.70
Low₹158.40
Close₹159.90
VWAP₹165.81
Day’s change−7.12%
Intraday trading showed early volatility followed by a gradual downward trend, with the stock slipping to an intraday low of ₹158.40 before settling near the day’s lows.

Previous Trading Session Recap (January 9, 2026)​

Ahead of the ex-split date, the stock had closed marginally lower in the previous session.
Previous Session SnapshotDetails
Previous Close₹346.50
Open₹345.65
High₹353.00
Low₹334.40
Close₹344.45 (−0.59%)
VWAP₹346.19
52-week High₹464.70
52-week Low₹151.00

Corporate Action Summary​

ParticularsInformation
SeriesEQ
Face value before₹10
Face value after₹5
Split ratio1:2
Ex-dateJanuary 12, 2026
Record dateJanuary 12, 2026
Book closureNot applicable

About the Company​

SKM Egg Products Export (India) Ltd is a listed Indian company engaged in the processing and export of egg-based products, catering to food, nutrition, and pharmaceutical industries across domestic and overseas markets. The company continues to operate with a focus on export-led growth and operational efficiency.
 

Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.

Back
Top