The company has declared a stock split in the ratio of 1:5 — meaning every existing share with face-value ₹10 will be converted into 5 shares of face-value ₹2 each.
The record date for this corporate action is slated for Friday, December 12, 2025. Investors must own the shares by end of trading on December 11, 2025 to be eligible for the split.
Post-split, the total value of any shareholder’s investment will remain unchanged; only the number of shares will increase while the price per share adjusts downward.
The rationale behind the move: making shares more affordable and boosting liquidity, thereby making it easier for retail investors to buy the stock.
