StockWatch
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Iron & Steel Products
Split24 Sept 2026, 10:05 pm

Bansal Wire Fixes Oct 16, 2026 Record Date for Share Split

AI Summary

Bansal Wire Industries Limited has announced October 16, 2026, as the record date for its proposed sub-division or split of equity shares. This corporate action, approved by shareholders in the AGM on September 17, 2026, will see each equity share of face value ₹5 split into five equity shares of face value ₹1 each. The split shares will rank pari-passu in all respects with existing shares. The company will host this information on its website.

Key Highlights

  • Record date for share split fixed as October 16, 2026.
  • Each ₹5 share to be split into five ₹1 shares.
  • Shareholders approved the sub-division in the AGM.
  • New shares will have equal rights and privileges.