Pashupati Cotspin Limited has informed the Exchange about Update - Sub-division of Equity Shares
PASHUPATI · price
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Pashupati Cotspin Limited has completed the sub-division (stock split) of its equity shares in the ratio of 1:10. Each existing equity share with a face value of Rs. 10 has been split into 10 equity shares of Re. 1 each. The record date for the split was April 17, 2026, and the new Re. 1 shares were credited to shareholders' demat accounts on April 18, 2026. The company's issued and paid-up capital remains unchanged at Rs. 15,78,40,000, but the total number of equity shares increased from 1,57,84,000 to 15,78,40,000. The new ISIN for the sub-divided shares is INE124Y01028, and trading in the new shares began on April 17, 2026 on both BSE and NSE.
Each shareholder now holds 10 times more shares, but the price per share will adjust proportionally, so the total value of holdings remains the same. The lower share price may improve liquidity and make the stock more affordable for retail investors.