Split6 Oct 2026, 04:50 pm
Azad India Mobility Fixes Oct 23 as Record Date for Share Split
AI Summary
Azad India Mobility Ltd has announced October 23, 2026, as the record date for its equity share sub-division (stock split). This follows shareholder approval at the AGM on September 28, 2026. Each existing equity share with a face value of ₹10 will be split into five equity shares, each with a face value of ₹2. The new shares will rank pari passu with the existing ones.
Key Highlights
- Record date set for October 23, 2026, for share sub-division.
- Each ₹10 face value share will be split into 5 shares of ₹2 face value.
- Shareholder approval obtained at the AGM on September 28, 2026.
- New shares will have equal rights and ranking.
Price Impact
More from AZADIND