Indian Toners & Developers Ltd. Sets Record Date for Share Subdivision
Indian Toners & Developers Ltd., a government recognized Export House, has confirmed the record date related to the subdivision of its equity shares following an approval by its members. The company fixed July 17, 2026, as the designated Record Date to ascertain the eligibility of shareholders entitled to the stock split.The decision for the share division was approved by the members of Indian Toners & Developers Limited on June 12, 2026, through a postal ballot conducted via remote e-voting.
Following this member approval, the Board of Directors established the terms and timeline for the equity shares subdivision. The split involves changing the face value of the existing Equity Shares from Rs 10/- (Rupees Ten only) to Rs 2/- (Rupees Two only). Accordingly, every one existing Equity Share of face value Rs 10/- is being sub-divided into five Equity Shares of face value Rs 2/-.
Details regarding the stock split and the mandated Record Date are presented below:
| Record Date | Purpose | Ratio / Details |
|---|---|---|
| Friday, July 17, 2026 | Stock Split/ Sub-division of Shares | The subdivision involves changing the face value from Rs 10/- to Rs 2/. One existing Equity Share of Rs 10/- is sub-divided into five Equity Shares of Rs 2/-. |
Stock Price Movement
Indian Toners & Developers Ltd. settled at ₹264.00 in post-market trading on Monday, edging higher by 0.36%. The shares moved throughout the day within a wide intraday range spanning from a low of ₹257.20 to a high of ₹265.95.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.
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