Record Date for Stock Split Fixed: One ₹10 Share to Be Sub-Divided Into 5 Shares of ₹2

Azad India Mobility has fixed Friday, October 23, 2026 as the Record Date for the sub-division/split of its equity shares.

Tue 6 Oct 2026

Record Date

Friday, October 23, 2026

Split Ratio

Each fully paid-up equity share of face value ₹10 sub-divided into 5 equity shares of face value ₹2 each

Shareholder Approval

Approved at the 65th AGM held on September 28, 2026

Record Date and what it means

• The company has fixed Friday, October 23, 2026 as the Record Date for determining the eligibility of equity shareholders entitled to the sub-division/split of its equity shares.
• The Record Date is the cut-off used to decide which equity shareholders are entitled to receive the sub-divided shares.

Split ratio and face value

• Each equity share having a face value of ₹10 (Rupees Ten only), fully paid-up, will be sub-divided/split into 5 (Five) equity shares each fully paid-up having a face value of ₹2 (Rupees Two each).
• The resulting shares rank pari passu in all respects.

Approvals behind the split

• The split was approved by the equity shareholders at the 65th Annual General Meeting held on September 28, 2026.
• The company had earlier intimated the sub-division/split of its equity shares on August 13, 2026.

What a split does, in simple terms

• In a split, the face value of each share is reduced and the number of shares is increased in the same proportion. Here, one share of face value ₹10 becomes 5 shares of face value ₹2 each.
• The total face value of an investor's holding stays the same; only the number of shares and the face value per share change.
• The number of shares an investor holds on the Record Date is what the company will use to apply the split.

What to note

• The Record Date of Friday, October 23, 2026 is the only date mentioned for this exercise; shareholders whose names appear as equity shareholders on that date are the ones entitled to the split.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.