StockWatch
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Compressors- Pumps & Diesel Engines
Split6 Aug 2026, 02:46 pm

Kirloskar Pneumatic Sets Aug 18 Record Date for Share Sub-division

AI Summary

Kirloskar Pneumatic Company Ltd has announced August 18, 2026, as the record date for its equity share sub-division. This corporate action will see each equity share of Rs. 2/- face value split into two equity shares of Re. 1/- each. The record date is crucial for determining which shareholders are eligible to receive the new, sub-divided shares. This move is expected to increase the liquidity and affordability of the company's shares.

Key Highlights

  • Record date fixed for August 18, 2026.
  • Equity shares to be sub-divided from Rs. 2 to Re. 1.
  • Entitlement determined based on shareholders as of record date.
  • Aims to enhance share liquidity and accessibility.