Stock split alert! Last day to buy this Ashish Kacholia-backed multibagger smallcap stock ahead of record date for 1:5 split

Ashish Kacholia-backed Knowledge Marine & Engineering Works has fixed November 6 (Friday) as the record date for its 1:5 stock split, making today the last day for interested investors to buy the shares of the smallcap company to be eligible for the stock split.

As per Sebi's T+1 settlement norm, investors need to buy a company's shares at least one trading day before the record date to ensure the shares are credited to their demat accounts in time and they become eligible for the corporate action. Accordingly, today is the last opportunity for investors to buy Knowledge Marine & Engineering Works’ shares to be eligible for the stock split.

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What Knowledge Marine's 1:5 stock split means for investors?

While the number of outstanding shares increases during a stock split, the company’s overall market capitalisation remains unchanged. A lower share price can make the stock more accessible to retail investors, potentially improving participation and trading volumes. A 1:5 stock split means that every share held on the record date would be split into five shares, while the total value remains the same.

Let’s take an investor who holds 10 shares of Knowledge Marine & Engineering Works worth Rs 100 each for example. The total value of her shareholding in the company stands at Rs 1,000. After the stock split takes effect, her 10 shares will be split into 500 shares worth Rs 20 each, keeping the total value of her stock holding the same at Rs 1,000.

Knowledge Marine share price

Notably, ace investor Ashish Kacholia held 5,74,721 shares, representing a 2.275% stake in Knowledge Marine & Engineering Works, as of the end of September 2026. The shares of the company jumped around 6% in a week and more than 13% in a month.

The shares of the company rallied 74% in 2026 so far. In the longer term, the stock has delivered multibagger returns of around 140% in one year. The company has a market capitalisation of more than Rs 8,446 crore.

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Disclaimer: This article has been written by Debaroti Adhikary, who is not a SEBI-registered Research Analyst or an Investment Adviser. Debaroti Adhikary and his/her ‘relative(s)’ (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective SEBI-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Brokerage disclaimers here.