Ahmedabad, Jan 8, 2026 — A-1 Ltd appeared sharply lower in early trade today as the stock turned ex-split following the sub-division of equity shares from a face value of ₹10 to ₹1 per share.
Post adjustment, the stock was seen around ₹43.40, reflecting an apparent 90 percent decline from the previous close of ₹434.05 recorded on January 7, 2026. The sharp fall is purely technical, driven by the tenfold increase in the number of outstanding shares, with no impact on shareholder value or market capitalisation.
What Triggered the Move
The stock split (₹10 → ₹1) became effective on January 8, 2026, resulting in every existing equity share being subdivided into 10 shares of face value ₹1 each.The move is intended to:
- Improve trading liquidity
- Enhance affordability for retail investors
- Increase market participation
Previous Day Recap (January 7, 2026)
Ahead of the split, A-1 Ltd closed 4.99 percent lower at ₹434.05, slipping from the previous close of ₹456.85. The stock opened, traded, and closed at ₹434.05, with VWAP also at ₹434.05, reflecting limited intraday movement.Trading volume stood at 0.37 lakh shares, with a turnover of ₹1.59 crore.
| Previous Session Snapshot | Details |
|---|---|
| Previous Close | ₹456.85 |
| Open | ₹434.05 |
| High | ₹434.05 |
| Low | ₹434.05 |
| Close | ₹434.05 (−4.99%) |
| VWAP | ₹434.05 |
| Traded Volume | 0.37 lakh shares |
| Traded Value | ₹1.59 crore |
| 52-week High | ₹704.14 |
| 52-week Low | ₹96.25 |
Market Snapshot (Post-Split)
- Adjusted trading price: ~₹43.40
- Pre-split close: ₹434.05
- Corporate action: Face value split (₹10 → ₹1)
- Market capitalisation: ₹1,996.63 crore (unchanged)
- Free-float market cap: ₹598.45 crore
| Corporate Action Details | Information |
|---|---|
| Ex-date | Jan 8, 2026 |
| Face value before | ₹10 |
| Face value after | ₹1 |
| Split ratio | 10:1 |
| Record date | Jan 8, 2026 |
| Apparent price fall | ~90% (technical) |
About the Company
A-1 Ltd, formerly known as A-1 Acid Limited, operates in the trading and distribution of chemical products, catering to industrial customers across India. The company has been listed since 2004 and continues to operate in the Trading – Chemicals segment, with operations headquartered in Ahmedabad.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.