corporate actions · intermediate
Consolidation
Share consolidation combines multiple shares into fewer shares and raises face value proportionately under NSE/BSE corporate-action processes.
Indian companies process consolidations through exchange corporate-action calendars with demat credit of the new face-value shares.
Consolidation is sometimes called a reverse split in global terminology.
F&O contract adjustments may apply when a consolidated stock is in the derivatives segment.
After consolidation, the share count falls while proportionate ownership stays the same.
Part of the Market Pulse Term of the Day series — factual market vocabulary, not investment advice.