Stock Split: 1 share of Rs 10 split into 2 shares of Rs 5 each
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On the reaction day the stock moved 2.8 pts more than Nifty Microcap 250 and 2.9 pts more than its Commodity Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Midaas Fashions Limited (formerly Shentracon Chemicals) has approved a sub-division or stock split of 1 equity share of face value Rs 10 into 2 equity shares of face value Rs 5 each, fully paid-up. The record date is fixed as Monday, 26th October 2026. The new ISIN for the split shares is INE0OUS01029, which has been made live in the CDSL system. Shareholders holding shares as of the record date will receive the split-adjusted shares automatically.
Each existing share becomes 2 shares, so share count doubles while price adjusts proportionally. Total investment value stays the same for shareholders.