Record Date on 16 October 2026 for consolidation of 2 shares of ₹5 into 1 share of ₹10
Record Date fixed: Friday, 16th October, 2026, for consolidation of equity shares — 2 shares of ₹5/- each into 1 share of ₹10/- each.
- Record Date
- Friday, 16th October, 2026
- Consolidation Ratio
- 2 equity shares of ₹5/- each into 1 equity share of ₹10/- each
- Number of Equity Shares
- 87,55,400 to 43,77,700
Record Date for Consolidation of Equity Shares
What the company has informed
Noble Polymers Limited has fixed Friday, 16th October, 2026 as the Record Date for the consolidation of its equity shares. Members whose names appear in the Register of Members or in the records of the depositories as beneficial owners on that date will be entitled to receive the consolidated equity shares of ₹10/- each.
The approved consolidation ratio
- Every 2 (two) equity shares of ₹5/- each fully paid up are consolidated into 1 (one) equity share of ₹10/- each fully paid up.
- The Board of Directors approved this at its meeting held on 08th September, 2026.
- The Members approved it by way of an Ordinary Resolution at the Annual General Meeting held on 30th September, 2026.
What changes and what stays the same
- Paid-up capital: ₹4,37,77,000 before the consolidation and ₹4,37,77,000 after it — unchanged.
- Paid-up equity shares: 87,55,400 shares of ₹5/- each before, and 43,77,700 shares of ₹10/- each after.
- Authorised capital: ₹18,00,00,000 before and ₹18,00,00,000 after — unchanged.
- Authorised capital in number of shares: 3,60,00,000 equity shares of ₹5/- each before, and 1,80,00,000 equity shares of ₹10/- each after.
- The company states that the total paid-up share capital will remain unchanged; only the number of shares and their face value will change.
How shareholders will receive the new shares
- For holdings in dematerialised form, the consolidated shares will be credited to the demat accounts under the new ISIN allotted by NSDL and CDSL, in place of the existing ISIN.
- For holdings in physical form, the existing share certificates of ₹5/- each shall stand cancelled from the Record Date. The consolidated shares shall be credited to a Suspense Escrow Demat Account of the Company and a Letter of Confirmation shall be issued to such members, who may thereafter request dematerialisation as per the prescribed procedure.
How fractional entitlements are handled
- Any fractional entitlements arising from the consolidation shall be consolidated into whole equity shares of ₹10/- each and allotted to and vested in a trustee/nominee to be appointed by the Board.
- The trustee/nominee shall hold these shares in trust for and on behalf of the members entitled to the fractional entitlements.
- Those shares shall be sold in the market at the prevailing market price, and the net sale proceeds (after adjusting costs, charges and expenses) shall be distributed to such members in proportion to their respective fractional entitlements.
What a retail holder may note
- The total paid-up capital of the company stays the same; the change is in how that capital is divided into shares — fewer shares, each of a higher face value.
- Entitlement to the consolidated shares is decided by the holding as on the Record Date of 16th October, 2026.
- Holders in physical form will need to complete the dematerialisation process to have the new shares credited to their demat account.
Also from Noble Polymers
Record date 16 October 2026 fixed for consolidation of ₹5 shares into ₹10 shares
6 Oct 2026
Members declare final dividend of ₹0.05 per share for FY 2025-26; approve share consolidation to ₹10 face value
30 Sep 2026
More numbers
- Paid-up capital – pre-consolidation₹4,37,77,000
- Paid-up capital – post-consolidation₹4,37,77,000
- Paid-up equity shares – pre-consolidation87,55,400 equity shares of ₹5/- each
- Paid-up equity shares – post-consolidation43,77,700 equity shares of ₹10/- each
- Authorised capital – pre-consolidation₹18,00,00,000
- Authorised equity shares – pre-consolidation3,60,00,000 equity shares of ₹5/- each
- Authorised equity shares – post-consolidation1,80,00,000 equity shares of ₹10/- each
- Face value per equity share – post-consolidation₹10/-
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.