Record date for sub-division of equity shares - Thursday, March 05, 2026.
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TANFAC Industries has fixed Thursday, March 05, 2026, as the record date to determine shareholders eligible for the sub-division of equity shares. Each existing equity share with a face value of ₹10 will be split into 2 equity shares with a face value of ₹5 each. The decision was taken by the Board of Directors at their meeting held on February 27, 2026. This is a 1:2 stock split, meaning every shareholder will end up with twice the number of shares held, though the total value of their holding remains unchanged. The company is a joint sector entity between TIDCO and Anupam Rasayan India Ltd.
Shareholders on record as of March 5, 2026, will automatically receive 2 shares of ₹5 face value for every 1 share of ₹10 face value they hold. The split makes shares more affordable and improves liquidity, but does not change the underlying value of the investment.