Colab Platforms Ltd, a rising player in India’s sports-technology sector, has announced a 1:2 stock split to enhance liquidity and broaden retail investor participation. This marks the company’s second stock split since its listing on the Bombay Stock Exchange (BSE: 542866).
Following board approval, the company has fixed May 21, 2025, as the record date to determine shareholder eligibility for the corporate action.
Stock Split Details
- Split Ratio: 1 equity share split into 2
- Old Face Value: ₹2 per share
- New Face Value: ₹1 per share
- Record Date: May 21, 2025
All new shares post-split will carry the same rights as the existing fully paid-up equity shares. The stock split is intended to make shares more affordable and accessible, especially to small and retail investors.
About Colab Platforms Ltd
Colab Platforms Ltd is a technology-driven company focused on the fast-growing sports-tech sector in India. With a strong commitment to innovation, the company has diversified its business into multiple verticals including sports-tech acceleration, esports infrastructure, predictive gaming, and e-commerce.
Key Highlights:
- ₹250 Million Sports-Tech Accelerator Programme: Recently launched to nurture early-stage ventures in areas such as athlete performance, esports, wearable tech, gamified fitness, and fan engagement.
- New Subsidiary: Incorporated Colab Sports Science Pvt Ltd to enter the sports nutrition and equipment market.
- Interim Dividend: Declared at 0.5% per share (face value ₹2) for FY2025-26; record date was April 24, 2025.
- Predictive Gaming Entry: Forayed into the high-growth predictive gaming segment, with a newly launched platform, colabsports.in.
- E-commerce Expansion: Offers digital-first sports products and services through an integrated online platform.
Colab’s new initiatives aim to create a 360-degree sports ecosystem, combining technology, innovation, and strategic partnerships to empower India’s sporting future.
Looking Ahead
The 1:2 stock split aligns with Colab Platforms’ aggressive growth strategy and investor-friendly approach. With a stronghold in sports-tech innovation and a growing footprint in adjacent sectors like nutrition and gaming, the company is poised to capitalize on India’s rising digital sports economy.
Are you a Colab Platforms shareholder? Share your thoughts on the split and its impact on your portfolio in the comments below.
Disclaimer: This article is for informational purposes only and should not be considered as investment advice.
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