Narmada Agrobase Ltd Fixes Record Date for Equity Share Split
Narmada Agrobase Ltd, a manufacturer of Delinter Cotton Seeds and Cattle Feed, has announced the record date for the sub-division or split of its equity shares. The company fixed Friday, July 31, 2026, as the record date to determine the eligibility of shareholders for this share structure change.The corporate announcement details the conversion of the existing equity share into new shares following the planned split. Under the move, one Equity Share with a face value of Rs. 10.00 (Rupees Ten Only) will be converted into two Equity Shares, each carrying a face value of Rs. 5.00 (Rupees Five Only).
The details regarding the share division are summarized below:
| Previous Share Structure | New Share Structure | Face Value Change |
|---|---|---|
| One Equity Share | Two Equity Shares | From Rs. 10.00 to Rs. 5.00 per share |
The decision pertains to the sub-division of shares for Narmada Agrobase Ltd, impacting its current shareholders as of the specified record date.
NARMADA Stock Price Movement
Shares of Narmada Agrobase Limited slipped on Friday after shedding 0.17%, closing at ₹34.92. The stock registered a total traded volume of 618,646 shares 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.
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