Intimation of revised record date to Friday, October 10, 2025
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Narmada Macplast Drip Irrigation Systems has revised its record date to Friday, October 10, 2025 (from its earlier intimation on September 25, 2025) for two corporate actions. First, a stock split where 1 equity share of Rs. 10 face value will be subdivided into 5 equity shares of Rs. 2 face value each. Second, a bonus issue in the ratio of 1:1, meaning 1 new bonus share for every 1 share held (post-split). Both actions are subject to shareholder approval at the AGM scheduled for September 30, 2025. The revision was made in response to a communication received from BSE.
Shareholders holding shares as of October 10, 2025 will see their holdings transformed by both actions — each share becoming 5 shares after the split, and then doubling again to 10 shares after the bonus. While the total value of holdings remains unchanged, the share price will adjust lower and liquidity typically improves, which is generally viewed positively by retail investors.