Key Quantitative Figures
CDSL Processing Data (June 15, 2026 Letter):
- Debit ISIN (Old Shares): INE622Q01019 (Face Value not specified, presumed ₹10)
- Number of Records: 2,999
- Number of Securities Debited: 13,860,966 shares
- Credit ISIN (New Shares): INE622Q01027 (Face Value ₹2)
- Number of Records: 2,999
- Number of Securities Credited: 69,304,830 shares
NSDL Processing Data (June 15, 2026 Letter):
- Debit of Old Shares (INE622Q01019):
- 6 accounts: 335,386.000 shares debited
- 705 accounts: 1,263,206.000 shares debited
- Total Debit: 1,598,592.000 shares across 711 accounts
- Credit of New Shares (INE622Q01027):
- 6 accounts: 1,676,930.000 shares credited
- 705 accounts: 6,316,030.000 shares credited
- Total Credit: 7,992,960.000 shares across 711 accounts
The data from both depositories confirms a 1:5 stock split ratio (each old share of face value ₹10 was subdivided into five new shares of face value ₹2 each).
Dates of Action
- Effective Date of Corporate Action: June 13, 2026
- CDSL Confirmation Letter Date: June 15, 2026
- NSDL Confirmation Letter Date: June 15, 2026
- Company Disclosure Date: June 16, 2026
- NSDL Release Date for some entries: October 30, 2026
Parties Involved
- Registrar & Transfer Agent (RTA): Satellite Corporate Services Pvt Ltd
- Depositories: National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL)
- Stock Exchange: BSE Limited
- Company Representative: Kunal Kothari, Chairman & Chief Operating Officer (DIN: 07111105)
Capital Structure Impact
The corporate action has resulted in a change in the company's share capital structure, subdividing the face value of equity shares from ₹10 to ₹2. The total number of shares has increased proportionally based on the 1:5 split ratio, as evidenced by the debit of old shares and credit of new shares in depository accounts.