Simplex Castings Ltd Announces Record Date for Equity Share Split
Simplex Castings Ltd has announced a record date for the proposed sub-division of its equity shares, following shareholder approval obtained through a Postal Ballot conducted on July 2, 2026. The company is proceeding with a significant capital structure change involving the split of its existing equity shares.The Board of Directors fixed the Record Date to determine the eligibility of shareholders for this corporate action. This move involves splitting one Equity Share of the company, which currently holds a face value of Rs. 10/- each, into five (Five) Equity Shares, each having a face value of Rs. 2/-.
The key timeline and details regarding the share split are summarized below:
| Type of Security | Record Date / Cutoff Date | Purpose |
|---|---|---|
| Equity | July 20, 2026 | Determining the eligibility of Shareholders for the purpose of subdivision/split of each Equity Shares having face value of Rs. 10/- each into 5 (Five) Equity Shares having face value of Rs. 2/- each. |
Simplex Castings Ltd has provided this intimation regarding the record date to facilitate the necessary procedures related to the sub-division or split of its share capital.
Stock Price Movement
As of 11:22, Simplex Castings Ltd. is edging higher, currently trading at ₹531.00 after gaining 0.60%. The shares have experienced movement throughout the session, ranging from a low of ₹522.70 to an intraday high of ₹534.55.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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