Penny stock approaches record date for 1:10 stock split. Last chance to buy today

Investors tracking penny stock Caspian Corporate Services should take note that Friday, December 26, marks the last day to purchase shares to be eligible for the upcoming share consolidation.

The stock will start trading ex-consolidation on Monday, December 29, as per the company’s latest regulatory disclosure.

Caspian Corporate Services had informed the exchange that the record date for the consolidation is December 29, 2025. The consolidation involves converting 10 equity shares of Rs 1 each into 1 equity share of Rs 10 each.


This move will alter the face value of the equity shares, returning it to its original denomination before the stock’s prior sub-division.

“Pursuant to Regulation 42 of SEBI (LODR) Regulations, 2015, we hereby inform you that the company has fixed Monday, December 29, 2025, as the record date for the purpose of determining the names of the shareholders who would be entitled to receive equity shares in the proportion of 1 equity share of Rs 10 each in lieu of 10 equity shares of Rs 1 each,” the company stated in the notice to the exchange.

Earlier, in 2013, Caspian Corporate Services had altered the face value of its equity shares from Rs 10 to Rs 1 through a stock split.

Incorporated in 2011, Caspian Corporate Services is in the business of providing Advisory and Consultancy Services. Due to a change in management and control, the company passed a special resolution for the change of name of the company from Intellivate Capital Advisors to Caspian Corporate Services.

On Wednesday, the shares of Caspian Corporate Services closed after being locked at their 5% upper circuit at Rs 7.86 on the BSE.

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