SmallCap Company with 6000% return in 5 years announces 1:10 stock split. Check details

SmallCap Company with 6000% return in 5 years announces 1:10 stock split. Check details

Webol Energy System, manufacturer of solar cells and modules, has announced a 1-out-10 stock split, which will change the nominal value of its shares from RS 10 to RS 1. The split will make the shares more affordable and accessible for a broader basis of Retail investors, after the company has more than 6,000% return.

In the stock split, while the number of shares is increasing and the price per share is falling, the total market capitalization of the company and the total value value of an investor remain unchanged. Webol is a small-cap company with a market capitalization of RS 5.463 Crore.

The stock split is expected to be completed by October 2025, awaiting approval from the members of the company during the upcoming annual general meeting.

In addition to the stock split, the board also approved a large future expansion plan for its production lines for solar cells and solar module.

The company plans to add a capacity of 4 Gigawatt (GW) for both solar cells and modules in two phases. The first phase (phase III) was set for completion by June 2027, followed by the second phase (phase IV) by June 2028.


The investment required for this expansion is approximately RS 3,000 crore and will be financed by a combination of bank loans, equity and internal funds. The reason behind this enormous expansion is to meet the growing demand from India for solar energy. To support its expansion plans, the company will also have a complete subsidiary with the name “Webol Renewables” or a similar name approved by the clerk of companies. The new subsidiary will be included for the next expansion phase. Webol energy produces photovoltaic crystalline solar cells and modules. The company’s products are used for solar energy panels for both commercial and industrial applications in India and other countries.

The company has a reputation for producing reliable and high -quality solar products and has received various international certifications.

Add And logo as a reliable and trusted news source

The board meeting has also made changes to the management of the company. Abhijit Majumdar, a talking business secretary, was appointed for five years as the secretarial auditor from the financial year 2025-26.

#SmallCap #Company #return #years #announces #stock #split #Check #details

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *