
Noble Polymers Approves 2:1 Equity Share Consolidation
Noble Polymers Ltd has approved the consolidation of its equity shares, where every 2 equity shares of face value ₹5/- each will be consolidated into 1 equity share of face value ₹10/- each. This corporate action was approved by the Board of Directors on September 8, 2026, and by the Members at the Annual General Meeting on September 30, 2026. The company has fixed October 16, 2026, as the record date to determine entitlement for the consolidated shares. The total paid-up share capital will remain unchanged, with only the number of shares and their face value being adjusted. The pre-consolidation paid-up capital is ₹4,37,77,000 divided into 87,55,400 shares of ₹5/-, and post-consolidation, it will be ₹4,37,77,000 divided into 43,77,700 shares of ₹10/-.
Key Highlights
- Noble Polymers approves 2:1 equity share consolidation.
- Record date set for October 16, 2026.
- Face value changes from ₹5 to ₹10 per share.
- Total paid-up capital remains unchanged.
- Consolidation aims to adjust share count and face value.
Price Impact
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