Deepak Builders & Engineers India Limited has informed the Exchange that the Board of Directors at its meeting held on April 28, 2026, has considered and approved subdivision of 1 equity shares of Rs. 10 each into 10 equity shares of Re. 1 each.
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Deepak Builders & Engineers India Limited's Board of Directors has approved a stock split (sub-division) of its equity shares. Each existing equity share with a face value of Rs. 10 will be split into 10 equity shares with a face value of Re. 1 each. This is a 10-for-1 split, meaning shareholders will hold 10 times more shares after the split. The Board also approved an increase in the company's Authorised Share Capital from Rs. 55 crore to Rs. 65 crore. Both proposals are subject to approval by shareholders through Postal Ballot.
Existing shareholders will receive 10 shares for every 1 share held, reducing the per-share market price proportionally. This makes the stock more affordable and can improve liquidity. The total investment value remains unchanged unless the market reacts positively to the increased accessibility.