StockWatch
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Commodity Chemicals
Split22 Sept 2026, 05:31 pm

Shentracon fixes record date for 1:2 stock split

AI Summary

Shentracon Chemicals Ltd has fixed Monday, October 26, 2026, as the record date for the sub-division of its equity shares. This decision was made by the Board of Directors at its meeting held on September 22, 2026. The sub-division, which was approved by shareholders at the 33rd Annual General Meeting on August 21, 2026, involves splitting one equity share with a face value of ₹10 into two equity shares, each with a face value of ₹5. This corporate action aims to increase the number of shares outstanding and potentially improve liquidity.

Key Highlights

  • Record date for stock split set for October 26, 2026.
  • One equity share of ₹10 face value will split into two shares of ₹5.
  • The sub-division was approved at the AGM on August 21, 2026.
  • This action aims to enhance share liquidity and accessibility.