PASHUPATINSEPashupati Cotspin LimitedHighPositive
Announced Thu, 26 Feb · 22:02 IST

Pashupati Cotspin Limited has informed the Exchange that the Board of Directors at its meeting held on February 26, 2026, has considered and approved subdivision of 1 equity shares of Rs. 10 each into 10 equity shares of Re. 1 each.

Stock SplitCorporate Actions View source PDF

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AI summary

The Board of Directors of Pashupati Cotspin Limited, at its meeting on February 26, 2026, approved the subdivision (stock split) of 1 equity share of Rs. 10 face value into 10 equity shares of Re. 1 face value each. This means every existing shareholder will hold 10 shares for every 1 share currently held, while the total investment value remains unchanged. The split makes the stock more affordable and improves liquidity by increasing the number of outstanding shares.

Likely market impact

Existing shareholders will see their share quantity increase tenfold while the share price adjusts proportionally downward, with no change in overall holdings value. The lower per-share price could attract more retail investors and improve trading liquidity.