Azad India Mobility Limited has fixed Friday, October 23, 2026 as the Record Date for determining the eligibility of equity shareholders entitled to the subdivision/stock split of the Company's equity shares. This action is taken pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The stock split was approved by equity shareholders at the 65th Annual General Meeting held on September 28, 2026. Each existing equity share having a face value of ₹10 (Rupees Ten only) each fully paid-up will be sub-divided/split into 5 (Five) equity shares each fully paid-up having a face value of ₹2/- (Rupees Two each).
The new shares will rank pari passu in all respects with the existing shares as approved by the shareholders. The company refers to its previous intimation dated August 13, 2026 regarding the sub-division/split of existing equity shares.