AvenuesAI539807Capital reduction
Record date for consolidation of equity shares fixed: 10 shares of Re. 1/- to become 1 share of Rs. 10/-
Record date for consolidation of equity shares fixed: Tuesday, October 13, 2026.
Rs. 10/-×10.00
ExistingRe. 1/-AfterRs. 10/-
- Record Date
- Tuesday, October 13, 2026
- Consolidation Ratio
- Every 10 (Ten) equity shares of face value Re. 1/- each will be consolidated into 1 (One) equity share of face value Rs. 10/- each, fully…
- Existing Face Value
- Re. 1/- each
- New Face Value
- Rs. 10/- each, fully paid up
- Board Resolution Date
- circular resolution passed on October 01, 2026
Record date fixed for share consolidation
- The company has fixed Tuesday, October 13, 2026 as the record date.
- The purpose is determining the eligibility of shareholders to receive the consolidated equity shares.
- The Board of Directors fixed this record date through a circular resolution passed on October 01, 2026.
What the consolidation means
- Existing shares: 10 (Ten) equity shares of face value Re. 1/- (Rupees One Only) each.
- Consolidated shares: 1 (One) equity share of face value Rs. 10/- (Rupees Ten Only) each, fully paid up.
- So the underlying ratio is 10 shares into 1 share. This is a consolidation, the opposite of a split or sub-division.
- A shareholder's total face value of holding stays the same; only the number of shares and the face value per share change.
- Example of the arithmetic: someone holding 10 shares of Re. 1/- face value each would hold 1 share of Rs. 10/- face value after the consolidation.
Why the record date matters
- Only shareholders appearing on the register on the record date are treated as eligible to receive the consolidated equity shares.
- The record date is the cut-off used to settle who receives the new consolidated shares.
What investors can take away
- The face value per share rises from Re. 1/- to Rs. 10/-.
- The number of equity shares on the register reduces to one-tenth under the stated ratio.
- The scrip code on BSE is 539807 and the NSE symbol is CCAVENUE, both for the equity segment, so this is an equity share corporate action.
The update is an intimation of the record date for this consolidation, giving shareholders the date on which eligibility is determined.
More numbers
- Existing equity shares to be consolidated10 (Ten) Equity Shares
- Face value of existing equity shareRe. 1/-
- Consolidated equity share to be received1 (One) Equity Share
- Face value of consolidated equity shareRs. 10/-
Source: BSE · 1 Oct 2026
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