Fedders Holding’s board sets record date for 1:10 stock split

Fedders Holding Ltd, a non-banking financial company, rose by up to 2% after the company announced September 20, 2024, as the record date for a stock split. The split will reduce the face value of shares from ₹10 to ₹1 each, boosting investor interest. Fedders offers services, including corporate transactional advisory, leasing advisory, real estate regulatory authority advisory, and more.