Record date fixed for equity share split from Rs 5 to Rs 2
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The company has fixed 27 November 2026 as the record date for splitting each Rs 5 fully paid equity share into shares of Rs 2 face value. The split was approved by shareholders through a postal ballot on 30 October 2026. Shareholders' total ownership value is not expected to change.
The split reduces face value per share without changing shareholders' total holdings. It may make shares more affordable and improve trading liquidity.