Announced Tue, 11 Aug · 16:45 IST
JSW Dulux approves 1:10 stock split to boost retail participation
JSWDULUX · price
▲ 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
-0.8%1-day move
₹3150.00
prior close
₹3169.90
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.6-0.8-1.0-1.3-0.8+0.5+0.3-1.6-1.8-1.1+0.5-1.5——
Up moveDown movePending
AI summary
JSW Dulux Limited board has approved splitting 1 equity share of Rs. 10 into 10 shares of Re. 1 each, subject to shareholder approval via postal ballot. The split aims to make shares more affordable for retail investors and improve liquidity. Paid-up shares will rise from about 4.55 crore to 45.54 crore. Expected to complete within 2 months of approval.
Likely market impact
Share price will adjust proportionally on the record date. Total value unchanged; aims to attract more retail investors and improve liquidity.