Diginex Ltd (NASDAQ:DGNX) is one of the must-buy small-cap stocks to invest in. On August 18, the company confirmed that its board of directors has approved a 7-for-1 forward stock split. The split is to be distributed as a share bonus to shareholders of record as of September 5.
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Following the split, Diginex is to distribute seven bonus ordinary shares for each share held on the record date to shareholders. The distribution is to occur on September 8, 2025. The company is conducting the split as a way of enhancing liquidity and improving the stock's accessibility to investors.
The stock split will result in the issued and outstanding shares increasing proportionally. However, the authorized share capital and share par value will remain unchanged. The stock split comes as Diginex Limited announces plans to acquire Resulticks, a leader in AI-driven customer engagement, to enhance its capabilities in advanced data management and artificial intelligence.
Diginex Ltd (NASDAQ:DGNX) is a technology company focused on sustainability reporting and supply chain due diligence. It offers solutions, including diginexESG and diginexLUMEN, to help companies manage and improve their environmental, social, and governance (ESG) practices, ensuring ethical supply chains.
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Disclosure: None. This article is originally published at Insider Monkey.