StockWatch
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Garments & Apparels
Split5 Oct 2026, 08:55 am

Meenakshi India Ltd Approves 1:2 Stock Split

AI Summary

Meenakshi India Ltd has announced a stock split, subdividing each existing equity share of face value Rs. 10 into two equity shares of face value Rs. 5. The company has fixed October 30, 2026, as the record date for this split. Shareholders holding shares in physical form are being notified to dematerialize their holdings before the record date to receive the split shares in their demat accounts. Physical share certificates will be cancelled and rendered void post-split. Shareholders are also reminded to update their KYC details as per SEBI regulations.

Key Highlights

  • Company approved a 1:2 stock split of equity shares.
  • Record date for the split is October 30, 2026.
  • Physical shareholders must dematerialize shares before record date.
  • Split shares will be issued only in dematerialized form.
  • KYC details update is mandatory for physical shareholders.