GENERAL18 Sept 2026
1:10 stock split: This multibagger nears record date, turns ₹10,000 into ₹5.3 lakh in 2 yrs | Do you own? | Stock Market News
Midwest Energy Limited will split each ₹10 share into ten Re 1 shares. The record date is September 25, so you must already own the stock to qualify. Shares closed 1.01% higher at ₹3,531.7 on BSE on Friday, September 18. The stock has given 5,233.28% returns over two years. Check your demat account and confirm the new share count after the record date.
Key Statutory Highlights
- Midwest Energy Limited approved a 1:10 stock split, dividing each ₹10 share into ten shares of Re 1 each.
- September 25 is the record date, so investors must own the stock before that date to be eligible.
- The stock closed 1.01% higher at ₹3,531.7 on BSE on Friday, September 18, with 5,233.28% returns over two years.
Actionable Advice for Taxpayers / Founders:If you hold this stock, check your demat account after the record date and confirm the split shares are credited. Before buying or selling, speak to your advisor about whether it fits your goals.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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