Deepak Builders & Engineers Announces Equity Share Split and Sets Record Date
Deepak Builders & Engineers India Limited has announced the details of a sub-division or split of its equity shares, establishing a record date for shareholders regarding the transformation of its existing stock.The company confirmed that the split involves converting its currently issued shares into new equity stakes. Previously, the shares had a face value of Rs. 10 per share and were fully paid up. Under the split, these shares will be converted into ten equity shares, each carrying a face value of Rs. 1 and being fully paid up.
The decision to divide the equity shares was formalized after members of the company approved the proposal via Postal Ballot on June 2, 2026. Deepak Builders & Engineers India Limited set Friday, June 19, 2026, as the official Record Date for determining the entitlement of equity shareholders related to this share split.
DBEIL Stock Price Movement
Shares of Deepak Builders & Engineers India Limited today slipped by 0.84% to settle at ₹80.03, as the stock closed lower from yesterday’s close. The equity saw moderate trading activity, with 19,379 shares exchanged during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.