Stock Split Record Date Fixed: 1 share of Rs.10 to become 10 shares of Re.1
Price
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On the reaction day the stock moved 3.8 pts more than Nifty Microcap 250 and 3.6 pts more than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Jattashankar Industries has fixed 19 October 2026 as the record date for a sub-division or split of equity shares. Each fully paid-up equity share of face value Rs.10 will be split into 10 equity shares of face value Re.1 each. Shareholders on record as of that date will be eligible. The move is intended to make shares more affordable and improve liquidity in the market.
Usually positive in the short term as lower share price improves affordability and liquidity. Underlying company value is unchanged.