Board fixes record date for 1:5 stock split

Stock SplitCorporate Actions View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

+1.2%Reaction day

₹937.00

prior close

₹947.85

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.3%-0.2% vs market

Garments & Apparels peers, median of 42sector+0.9%+0.2% vs sector

On the reaction day the stock moved 0.2 pts less than Nifty Microcap 250 and 0.2 pts more than its Garments & Apparels peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

+0.3

15m

+0.3

30m

+0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.2+1.3-0.2+0.9+0.2

Next day

+3.1+1.1+2.0+0.0+3.1

+1.3-1.7+3.0-1.6+2.9

-2.8-1.5-1.4-1.1-1.8

-0.0-0.6+0.6-0.9+0.9

-0.5-0.4-0.1-1.0+0.4

-1.4-1.4-0.0-0.4-1.0

15d

-10.4pendingpending-6.5-3.8

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UpDownMarket · Nifty Microcap 250Sector · Garments & Apparels peers, median of 42Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

S.P. Apparels' board fixed 10 December 2026 as the record date for a 1-to-5 stock split. Each equity share of face value Rs 10 will be sub-divided into 5 equity shares of Rs 2 each. The split was approved by shareholders at the 21st AGM on 21 September 2026. New shares will rank equally with existing ones.

Likely market impact

Stock split improves liquidity and makes shares more affordable. Share price will adjust lower on the ex-date; total shareholder value is unchanged.