BSEManbro Industries LtdMediumNeutral
Announced Tue, 10 Mar · 18:01 IST

This is with reference to our letter dated February 09, 2026, wherein, we had informed about the recommendation of the Board of Directors on the following, subject to the approval of the ....

Stock SplitCorporate Actions View source PDF

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

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AI summary

Manbro Industries Ltd has fixed Wednesday, March 25, 2026, as the record date to determine shareholders eligible for the sub-division of its equity shares. The company is splitting every 1 equity share of face value ₹10 into 10 equity shares of face value ₹1 each. This follows a board recommendation made on February 9, 2026, which is subject to shareholder approval. The move is being carried out under SEBI Listing Regulations.

Likely market impact

Each existing share will be split into 10 shares, making the share price more affordable for retail investors and improving liquidity, though the total value of holdings remains unchanged. Existing shareholders of record on March 25, 2026, will automatically receive the additional shares.