Mumbai (Maharashtra) [India], October 8: New Light Apparels Ltd. has announced a 10:1 stock split, effective from October 10, 2024, marking a significant moment for both current shareholders and potential investors. This strategic move will reduce the face value of each share from Rs 10 to Rs 1, making it more affordable for a broader range of investors, especially retail investors who often find high-priced stocks prohibitive. With the current share price at Rs 75.6, this split is set to make the stock more accessible, opening up new investment opportunities and increasing liquidity.
