Board fixes October 30, 2026 as record date for 10-for-1 stock split
Board Meeting Outcome: record date fixed for a stock split.
- Record Date
- Friday, October 30, 2026
- Split Ratio
- each existing share of face value ₹10/- sub-divided into 10 equity shares of ₹1/- each
- Face Value Change
- ₹10/- to ₹1/-
Board meeting outcome: record date fixed for sub-division of shares
The Board of Directors of the company met on Wednesday, October 07, 2026 and fixed the Record Date for the sub-division (stock split) of its equity shares.
What was approved
- Record Date: Friday, October 30, 2026, for determining the eligibility of shareholders entitled to the sub-division / stock split.
- Each existing equity share having a face value of ₹10/- (Rupees Ten only), fully paid-up, shall be sub-divided into 10 (Ten) equity shares having a face value of ₹1/- (Rupee One only) each, fully paid-up.
- In simple terms, 1 (One) existing equity share of ₹10/- each becomes 10 (Ten) equity shares of ₹1/- each.
The table furnished with the update sets out the same details: scrip code 531911, equity shares of Rs. 10/- each fully paid up, record date 30-10-2026, for sub-division of existing equity shares from One equity share of Rs. 10/- each into Ten equity shares of Re. 1/- each.
The update states that the Record Date has been fixed in accordance with the approval accorded by the Members of the Company for the sub-division / stock split of the Equity Shares.
What this means for a shareholder
A sub-division does not change the total value of a holding by itself. It increases the number of shares held and reduces the face value per share. Here, the face value per share falls from ₹10/- to ₹1/-, and the number of shares becomes ten times the earlier number.
Only shareholders whose names appear on the register on the Record Date of Friday, October 30, 2026 are entitled to receive the split shares.
Other points from the update
- The meeting of the Board of Directors commenced at 03:00 P.M. and concluded at 04:00 P.M.
- The outcome was approved by the Board at its meeting held today, i.e., Wednesday, October 07, 2026.
Also from Galaxy Agrico Exports
Board meeting on 07th October, 2026 to consider record date for share split
2 Oct 2026
More numbers
- Existing face value per equity share before sub-division₹10/-
- Face value per equity share after sub-division₹1/-
- New equity shares issued for each existing share10 (Ten)
- Existing equity share that is sub-divided1 (One)
- Existing paid-up value in the disclosure tableRs. 10/-
- New paid-up value in the disclosure tableRe. 1/-
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