Record date for sub-division (split) of equity shares fixed: Friday, October 23, 2026
Chandni Machines Ltd has fixed Friday, October 23, 2026 as the Record Date for the sub-division (split) of its equity shares.
By ScoutQuest · · 2 min read
- Record Date for Split
- Friday, October 23, 2026
- Split Ratio
- Each existing equity share of face value ₹ 10/- split into 10 equity shares of face value ₹ 1/- each
- Shareholder Approval Date
- Wednesday, September 30, 2026
What has been fixed
The company has fixed Friday, October 23, 2026 as the Record Date for the sub-division (split) of its equity shares. The record date is the day used to decide which shareholders are eligible for the split.
What is being split
- Each existing equity share of face value ₹ 10/-, fully paid up, will be split into 10 equity shares of face value ₹ 1/- each, fully paid up.
- The resulting shares will rank pari passu, meaning they carry the same rights as one another in all respects.
- Shareholders approved the sub-division at their meeting held on Wednesday, September 30, 2026.
Why the record date matters
- Eligibility for the split is decided by whether a shareholder's name appears on the company's records on the record date.
- After the split, a shareholder's number of shares becomes ten times larger, while the face value of each share becomes one-tenth of the earlier figure.
A simple way to see it
If a shareholder holds 1 share of face value ₹ 10/-, after the split the same holding becomes 10 shares of face value ₹ 1/- each. The total face value of the holding stays the same — only the number of shares and the face value per share change.
What it means for retail investors
- A split changes the number of shares a company has in issue and the face value per share; it does not change the total face value of a shareholder's holding.
- The split applies to all eligible shareholders on the record date; typically no separate action is needed from investors holding shares in demat form.
- The company's paid-up share capital in rupee terms stays the same, since the same capital is now represented by a larger number of smaller-face-value shares.
Also from Chandni Machines
New ISIN activated for sub-division/split of equity shares
23 Oct 2026
Record Date for sub-division/split of equity shares revised to Thursday, October 29, 2026
16 Oct 2026
Reg 74(5) certificate for the quarter ended September 30, 2026: two folios dematerialised 20 shares each
9 Oct 2026
More numbers
- Existing face value per equity share₹ 10/-
- Face value per equity share after split₹ 1/-
- New equity shares issued per existing share10 (Ten)
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