Record Date Fixed at October 16, 2026 for 1:5 Share Split
Record date fixed: Friday, October 16, 2026.
- Record Date
- Friday, October 16, 2026
- Split Ratio
- 1 equity share of face value ₹ 5/- will be sub-divided into 5 equity shares of face value ₹ 1/- each
- Face Value Before Split
- ₹ 5/-
- Face Value After Split
- ₹ 1/-
- Shareholder Approval Date
- September 17, 2026
What was announced
The Board has fixed Friday, October 16, 2026 as the record date to determine which shareholders are entitled to the sub-division/split of the company's equity shares.
The split ratio
- 1 equity share of face value ₹ 5/- each, fully paid-up
- becomes 5 equity shares of face value ₹ 1/- each, fully paid-up
- New shares rank pari-passu in all respects with existing shares
How it came about
The company had first intimated the proposed sub-division on August 12, 2026. Shareholders approved it at the Annual General Meeting held on Thursday, September 17, 2026. This update is made under Regulation 42 of SEBI LODR.
What a split means for a shareholder
A split increases the number of shares held while reducing the face value per share proportionately. The total face value of a holding stays the same; ownership percentage does not change. Investors holding shares as per the register on the record date will be eligible to receive the sub-divided shares.
The information is also hosted on the company's website.
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More numbers
- Existing face value per share₹ 5/-
- New face value per share after split₹ 1/-
- Number of shares each existing share splits into5 (Five) equity shares
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