Announced Thu, 19 Mar · 11:33 IST
R&B Denims Limited has informed the Exchange that Record date for the purpose of Split/Subdivision is 03-Apr-2026.
RNBDENIMS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-9.7%1-day move
₹30.78
prior close
₹29.25
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0-9.7-14.2-18.5-22.6-26.4-33.6-49.1-51.8-61.8-64.3
Up moveDown movePending
AI summary
R&B Denims Limited has fixed April 3, 2026, as the record date to determine shareholders eligible for a stock split. The company will subdivide its equity shares from a face value of Rs. 2 each to Rs. 1 each. Every shareholder holding one share of Rs. 2 will receive two shares of Rs. 1 after the split. The move has been communicated to NSE under SEBI LODR Regulation 42.
Likely market impact
A stock split makes shares more affordable and can improve liquidity, often attracting more retail investors. It does not change the company's overall value but may have a short-term positive sentiment effect on the stock price.