
Split6 Oct 2026, 04:40 pm
Azad India Mobility Fixes Record Date for Share Split
AI Summary
Azad India Mobility Ltd has announced the fixation of Friday, October 23, 2026, as the record date for its equity shareholders. This is in relation to the sub-division/stock split of the company's existing equity shares, which was approved at the Annual General Meeting held on September 28, 2026. Each equity share with a face value of ₹10 will be sub-divided into 5 equity shares, each with a face value of ₹2. This corporate action aims to increase the liquidity and affordability of the company's shares.
Key Highlights
- Record date set for October 23, 2026, for share sub-division.
- Existing ₹10 face value shares to split into 5 shares of ₹2 each.
- Shareholder approval obtained at AGM on September 28, 2026.
- Corporate action aims to enhance share liquidity and affordability.
Price Impact
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