Record date fixed for 5-for-1 stock split on December 10, 2026
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S.P. Apparels board fixed December 10, 2026 as the record date for sub-dividing equity shares. Each share of face value Rs. 10 will split into 5 shares of Rs. 2 each, approved at the AGM on September 21, 2026. Shareholders on record date will get 4 extra shares per share held.
Stock split makes shares more affordable and improves liquidity. Total holding value stays the same. Effective for shareholders on record date.