Smallcap multibagger stock that doubled investors' wealth in 1 year is set to trade ex-split this week

Shares of Apollo Micro Systems, a company in the business of design, development and assembly of custom built electronics and electro-mechanical solutions, will trade ex-split on May 4. Shareholders holding the stock on this date will see holdings split in the proportion of 1:10. The company states that the purpose of the sub-division of 1 equity share of Rs 10 each into 10 equity shares of Rs 1 each is to facilitate the increase of liquidity of the stock in the market. The record date for the proposed split has been fixed as May 4, the eligibility of shareholders will be determined by this date

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