CCME Global stock split: 1:10 share split approved, record date pending

• Type of action: Sub-division / Split of equity shares
• Split ratio: 1 : 10 – sub-division / split of 1 (One) equity share of face value of INR 10 (Indian Rupees Ten Only) each, into fully paid-up 10 (Ten) equity shares of face value of INR 1 (Indian Rupee One Only) each, fully paid-up (Annexure C, Sr. No. 1).
• Pre split face value: INR 10 (Indian Rupees Ten Only) per equity share.
• Post split face value: INR 1 (Indian Rupee One Only) per equity share.
• Authorised share capital pre split: 20,00,00,000 equity shares of face value 10, total share capital 200,00,00,000 (in INR) (Annexure C, Sr. No. 3).
• Authorised share capital post split: 200,00,00,000 equity shares of face value 1, total share capital 200,00,00,000 (in INR).
• Issued and Subscribed Share Capital pre split: 19,63,17,249 equity shares of face value 10, total share capital 196,31,72,490 (in INR).
• Issued and Subscribed Share Capital post split: 196,31,72,490 equity shares of face value 1, total share capital 196,31,72,490 (in INR).
• Paid-up Share Capital pre split: 19,63,17,249 equity shares of face value 10, total share capital 196,31,72,490 (in INR).
• Paid-up Share Capital post split: 196,31,72,490 equity shares of face value 1, total share capital 196,31,72,490 (in INR).
• Class of shares affected: Equity Shares (Annexure C, Sr. No. 5).

The table under Sr. No. 3 in Annexure C notes that the pre and post sub-division issued, subscribed and paid-up share capital is calculated after considering the full allotment of equity shares as proposed in point no. 7 of this outcome / intimation.

In point 11 of the board's outcome letter, CCME Global states that “The record date for the sub-division of equity shares shall be decided by the Board and will be intimated to the stock exchanges after receipt of approval of the members.”

This means:

• There is no record date mentioned yet in the filing for the stock split.
• Shareholders who hold equity shares as on the record date to be fixed and later intimated by the company will be eligible to receive the split shares in the 1:10 ratio.

The company has also clarified in Annexure C that there is only 1 (One) class of shares i.e., Equity Shares, and has restated the pre and post split number of equity shares and face value under Sr. No. 6.

Under Sr. No. 2 of Annexure C, CCME Global has given its rationale for the stock split as follows:

• “With a view to enhance the liquidity in the capital market and encourage the participation of small investors by making equity shares of the Company more affordable.”
• The company adds that “The Board of Directors (“Board”) at its Meeting held on August 29, 2026, considered, and approved the sub-division / split of the Company’s equity share capital.”

On the expected completion, Sr. No. 4 of Annexure C states: “The management is expecting to complete the activity in the current FY 2026 - 2027.”

However, the sub-division / split is subject to the approval of the Members of the Company and other regulatory / statutory approvals as may be required, as recorded in point 11 of the main outcome letter. The record date will be fixed and disclosed to the stock exchanges after these approvals are obtained.

The filing also notes at Sr. No. 7 of Annexure C that the “Number of shareholders who did not get any shares in consolidation and their pre consolidation shareholding” is “Not Applicable”, which is consistent with this being a sub-division rather than a consolidation of shares.