Record date 8 October 2026 fixed for 1:5 sub-division/split of equity shares

Record Date fixed: Thursday, 8 October 2026 for the sub-division/split of equity shares.

Wed 7 Oct 2026

Record Date

Thursday, 8 October 2026

Split Ratio

1:5

Face Value Split

1 share of face value Rs. 10/- split into 5 shares of face value Rs. 2/- each

What the company has informed

• Thursday, 8 October 2026 has been fixed as the Record Date for determining the eligibility of shareholders for the sub-division/split of the existing equity shares.
• The company shall sub-divide 1 (One) existing equity share of face value of Rs. 10/- each, fully paid-up, into 5 (Five) equity shares of face value of Rs. 2/- each, fully paid-up.
• The ratio stated is 1:5.
• The company states the revised shareholding structure will be reflected in its shareholding pattern for the quarter ending 31 December 2026.

What a sub-division or split means

A split breaks one share into smaller shares. Here, each share of face value Rs. 10/- is replaced by five shares of face value Rs. 2/- each. Face value is the nominal value printed on a share and is different from the market price at which the share trades.

Arithmetically, the total face value a shareholder holds stays the same: 5 shares multiplied by Rs. 2/- equals Rs. 10/-, the same as the earlier single share of Rs. 10/-. So the split changes the number of shares and the face value per share, not the total face value of the holding.

Why the Record Date matters

The Record Date is the cut-off used to decide which shareholders are eligible for the split. The company has said the sub-division/split will be carried out as per the terms approved by the shareholders and applicable provisions of the Companies Act, 2013 and SEBI Regulations.

Numbers stated in the intimation

• Existing face value per equity share: Rs. 10/-
• Face value per equity share after the split: Rs. 2/-
• Split ratio: 1:5

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