Intimation of Record Date for Stock Split
Price
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Awaiting price reaction for this filing.
Narmada Macplast Drip Irrigation Systems has revised the record date for its stock split to Saturday, October 18, 2025 (earlier communicated via its September 25, 2025 letter). Under the split, each equity share of face value Rs. 10 will be subdivided into 5 equity shares of face value Rs. 2 each. The company separately confirmed that the record date for its bonus issue remains unchanged at Friday, October 10, 2025. Shareholders holding shares as on the respective record dates will be eligible for these corporate actions.
Eligible shareholders will end up holding 5 times more shares (at one-fifth the face value each) after the split, which typically improves liquidity and lowers the per-share price, making the stock more accessible to retail buyers. Combined with the upcoming bonus issue, this is a shareholder-friendly action that may attract more trading interest around the record dates.