Jupiter Life Line Hospitals Limited has informed the Exchange that the Board of Directors at its meeting held on May 15, 2026, has considered and approved subdivision of 1 equity shares of Rs. 10 each into 327830110 equity shares of Rs. 2 each.
JLHL · price
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On the reaction day the stock moved 2.0 pts more than Nifty Microcap 250 and 1.1 pts more than its Hospital peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Jupiter Life Line Hospitals approved a 5-for-1 stock split, converting each Rs. 10 face value share into 5 shares of Rs. 2 each, effective from May 15, 2026. The company reported FY2026 consolidated net profit of Rs. 1,941.87 million, up marginally from Rs. 1,937.54 million in FY2025. Total consolidated income stood at Rs. 15,421.55 million. The Board also declared an interim dividend of Rs. 1 per share (10% on face value) with record date May 22, 2026, payable by June 13, 2026. Additionally, Dr. Ajay Thakker was appointed as Chairman & Whole-Time Director. The auditors issued unmodified opinions on both standalone and consolidated financial results.
The stock split makes shares more affordable for retail investors and increases liquidity, potentially expanding the shareholder base. The marginal profit growth and interim dividend provide steady returns, while leadership consolidation may support operational stability. The split is effective pending regulatory and shareholder approvals.