Penny stock jumps after receiving approval from board for reverse share split

Synopsis: Caspian Corporate Services Ltd’s stock surges following the Board’s approval of a 1:10 reverse stock split, and the record date for consolidation is set for 29th December 2025.

The shares of a Penny stock company, specializing in integrated business support, offering services like Facility Management, Workforce Management, Healthcare staffing, and Corporate Advisory, are in focus following the Board’s approval for the Reverse Stock Split.

With a market capitalization of Rs. 85.83 crores on Tuesday, the shares of Caspian Corporate Services Ltd rose by upto 2.6 percent, reaching a high of Rs. 7.05 per share compared to its previous closing price of Rs. 6.87 per share.

What Happened 

Caspian Corporate Services Ltd, engaged in integrated business support, offering services like Facility Management, Workforce Management, Healthcare staffing, and Corporate Advisory, held a meeting on Tuesday, 16th December 2025.

In the meeting, the Board of Directors has approved December 29, 2025, as the record date for consolidating the Company’s equity shares (10 shares of ₹1 each into 1 share of ₹10 each), following the approval of the special resolution through postal ballot.

For example: The ratio for the share consolidation or reverse stock split in this case is 10:1, meaning 10 existing equity shares of Rs. 1 each will be consolidated into 1 equity share of Rs. 10.

Financials & Others

The company’s revenue declined by 2.80 percent from Rs. 23.58 crore to Rs. 22.92 crore in Q2FY25-26. Meanwhile, Net profit declined from Rs. 3.08 crores to Rs. 0.01 crores during the same period.

The company shows a decent return on capital employed (ROCE) of 10.2% and a return on equity (ROE) of 9.22%, indicating efficient use of its capital and equity. It also maintains a healthy dividend payout of 25%, reflecting a balanced approach between rewarding shareholders and retaining earnings for growth.

Caspian Corporate Services Limited was originally incorporated as Intellivate Capital Advisors Limited. The company changed its name to Caspian Corporate Services Limited in 2022 and has expanded its services through strategic acquisitions

It helps organisations focus on their core business while it manages and delivers top-notch integrated services across India. With over 11 years of domain expertise and a deep understanding of industry standards, it provides complete solutions to meet the evolving needs of businesses.

The comprehensive service offerings, like Facility Management (housekeeping, security, maintenance), Workforce Management (staffing, payroll, training), Healthcare staffing, and Corporate Advisory (IPO guidance, finance, compliance) to help companies focus on core operations, adding value through expert management of support functions across India.

Written by Sridhar J 

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