Announced Tue, 29 Sept, 2026 · 13:01 IST

Stock Split: Face Value Reduced from Rs 10 to Rs 5 per Share

Stock SplitCorporate Actions View source PDF Explain this filing

Price

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

Price reactionminutes from the announcement price · days from the prior close

+2.1%Reaction day

₹376.00

prior close

₹382.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.0%+1.1% vs market

On the reaction day the stock moved 1.1 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.5

10m

+0.2

15m

-1.0

30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

+2.1+1.0+1.1

Next day

+0.8+0.8+0.0

-6.4-0.5-5.9

+3.7-0.5+4.2

+3.4+0.8+2.6

+2.6+0.5+2.1

+0.8-2.0+2.8

15d

+2.9-6.4+9.3

+3.2-5.9+9.1

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UpDownMarket · Nifty Microcap 250Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Meenakshi India Limited shareholders approved splitting each equity share from Rs 10 to Rs 5 face value at the AGM on 28 September 2026. The authorised capital remains at Rs 15 crore but total share count rises to 3 crore equity shares. The amended MOA has been uploaded on the company website.

Likely market impact

Each share halves in price while holdings double in quantity. Improves liquidity and affordability for retail investors.