Board fixes 10 December 2026 as record date for Rs 10 to Rs 2 share sub-division

Board fixed Thursday, 10 December 2026 as the record date for the sub-division of equity shares.

Tue 6 Oct 2026

Record Date

Thursday, 10 December 2026

Sub-division Ratio

each fully paid-up share of Rs. 10/- into 5 fully paid-up shares of Rs. 2/- each

AGM Approval

21st AGM held on 21 September 2026 approved the sub-division

Record date fixed for the sub-division

• The Board of Directors of the company met on Tuesday, 6 October 2026 and fixed Thursday, 10 December 2026 as the Record Date for determining the eligibility of shareholders for the sub-division of the equity shares.
• The sub-division itself was approved by the members at the 21st Annual General Meeting held on 21 September 2026.
• The board meeting commenced at 01:00 P.M. and concluded at 01:30 P.M.

What has been approved

Each fully paid-up equity share of face value Rs. 10/- is to be sub-divided into 5 fully paid-up equity shares of face value Rs. 2/- each.

The new shares will rank pari-passu with the existing equity shares, which means they carry the same rights as the shares held at present.

What a sub-division means

• A sub-division, often called a stock split, reduces the face value of each share and increases the number of shares in the same proportion.
• Here, for every 1 equity share of Rs. 10/-, an eligible shareholder gets 5 equity shares of Rs. 2/-.
• The number of shares held rises, while the face value of each share falls; the total face value of the holding stays the same.
• Only shareholders on the register on the Record Date, 10 December 2026, are eligible for the sub-division.

Date to note

10 December 2026 — the Record Date fixed by the Board for the sub-division of equity shares.

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