Midwest Energy announces 1:10 stock split, record date set

Midwest Energy Limited has fixed September 25 as the record date for a 1:10 stock split, subdividing ₹10 face-value shares into ₹1 units.

The company, categorized as a multibagger, has delivered over 5,233% returns to investors over the last two years.

The stock closed 1.01% higher at ₹3,531.7 on Friday, with the split aiming to enhance liquidity for existing shareholders.