Corporate Action8 Jun 2026, 07:01 pm
Deepak Builders Fixes Record Date for Share Sub-division
AI Summary
Deepak Builders and Engineers India Ltd has announced Friday, June 19, 2026, as the record date for the sub-division of its equity shares. The face value of each share will be split from Rs. 10 to Rs. 1, resulting in ten shares for every one existing share. This corporate action was approved by the company's shareholders via postal ballot on June 2, 2026. The sub-division aims to increase the liquidity and affordability of the company's shares in the market.
Key Highlights
- Record date set for June 19, 2026, for share sub-division.
- Each Rs. 10 face value share will be split into 10 shares of Rs. 1.
- Shareholder approval for the split was obtained on June 2, 2026.
- The move is expected to enhance share liquidity and affordability.
Price Impact
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