Postal Ballot: Stock Split (Rs 10 to Re 1) & Capital Hike

Board & Shareholder Meetings View source PDF

DBEIL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-0.5%1-day move

₹85.43

prior close

₹87.02

base price

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AI summary

Deepak Builders is seeking member approval via postal ballot (e-voting May 4 – Jun 2, 2026) for: (1) sub-dividing equity shares from Rs 10 face value to Re 1 (1:10 split), turning 4.65 cr shares into 46.58 cr shares, and (2) raising authorized capital from Rs 55 cr to Rs 65 cr. Board cites need to boost liquidity and retail participation.

Likely market impact

If approved, each Rs 10 share becomes 10 Re 1 shares. Stock price will adjust proportionally; liquidity and retail accessibility should improve.