Revision of record date for sub-division of equity shares- Record date - Monday, March 09, 2026.
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TANFAC Industries has revised the record date for its upcoming sub-division of equity shares from the earlier announced Thursday, March 5, 2026, to Monday, March 9, 2026. The sub-division will split each existing equity share with a face value of ₹10 into 2 equity shares with a face value of ₹5 each. The record date is the cutoff for determining which shareholders are eligible to receive the split shares. The company is a joint venture between TIDCO and Anupam Rasayan India Ltd, listed under scrip code 506854 on BSE.
The 4-day shift in the record date is a procedural change and unlikely to affect shareholder value, but investors must note the new cutoff to ensure eligibility for receiving the split shares. A 1:2 sub-division typically improves share liquidity and affordability but does not change the company's overall market value.