Record date set for 10-for-1 share consolidation

Corporate Actions View source PDF Explain this filing

MITTAL · price

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

+1.4%Reaction day

₹0.72

prior close

₹0.72

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is usedpendingvs market: pending

Garments & Apparels peers, median of 43sector+1.2%+0.2% vs sector

On the reaction day the stock moved 0.2 pts more than its Garments & Apparels peers, 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

-1.4

10m

+0.0

15m

+0.0

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.4pendingpending+1.2+0.2

Next day

-1.4pendingpending+1.0-2.4

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15d

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UpDownMarket · Nifty Microcap 250Sector · Garments & Apparels peers, median of 43Pending

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

AI summary

The company fixed December 15, 2026 as the record date for its proposed share consolidation. Every 10 equity shares of Rs 1 each will be consolidated into 1 equity share of Rs 10 each.

Likely market impact

Share count will reduce tenfold and per-share figures will adjust mechanically; shareholders' overall ownership value is not expected to change from consolidation alone.