1:10 Stock Split of FMCG Stock Below Rs 3,000, Record Date Coming After Diwali; What Should You Do?

For the purpose of determining the entitlement of equity shareholders, KSE Ltd, a small-cap FMCG firm, has set a record date for its impending corporate action in the form of a stock split. The shares of KSE Ltd. completed the most recent trading session on Friday, October 10, at Rs 2519.60 per share, with a market capitalization of Rs 806.27 Cr on the BSE.

Since hitting its 52-week low of Rs 1,765.00 on January 28, 2025, the stock has recovered well, rising by around 43%. On November 6, 2024, it reached a 52-week high of Rs 2,825.00; however, it is currently trading at 10.8% below that level. The stock is still in a robust uptrend at its current market price of Rs 2,519.60, which suggests that investor confidence and market sentiment are still high.

KSE Stock Split

For the purpose of subdivision / split of existing equity shares of the company from face value of Rs 10/- each into 10 equity shares of face value of Rs 1/- each, the Board of Directors of the company has fixed Tuesday, October 28, 2025 as the record date, which is just a few days after Diwali.

The 61st Annual General Meeting, which took place on September 20, 2025, saw the Board approve subdivision (split) of equity shares by the shareholders. The results were then reported to the exchange on September 22, 2025.

"Accordingly, equity shareholders whose names appear in the Register of Members / Beneficial Owners as on the aforesaid Record Date shall be entitled to receive the sub-divided equity shares," said KSE in a stock exchange filing.

KSE Target Price

"KSE Ltd has been consolidating after a sharp rally, forming a base near ₹2450-₹2480, suggesting strong accumulation at lower levels. The RSI is recovering from mid-range levels, while the MACD is on the verge of a positive crossover, hinting at renewed buying interest. Sustaining above ₹2550 could trigger an upside move toward ₹2700, with a protective stop loss near ₹2450," commented Riyank Arora, technical analyst at Mehta Equities Ltd.

About KSE Ltd

KSE Ltd, formerly known as Kerala Solvent Extractions Ltd., is a South Indian company that was founded in 1963 and focuses on oil extraction, dairy products, and cattle feed. In addition to producing a variety of dairy products under its own brands, such as milk, curd, and ice cream, and distributing them through a wide distribution network, it is the leading private sector producer of compound cattle feed in India.

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