Shankara Buildpro Limited has announced a sub-division of its equity shares. The company has fixed the Record Date for the stock split following shareholder approval through remote e-voting completed on September 10, 2026.
In a letter dated September 12, 2026, the company secretary informed BSE Limited and National Stock Exchange of India Limited about the record date and the terms of the sub-division.
Share Sub-Division Details and Shareholder Voting Approval
Approval by Members through Postal Ballot
The shareholders approved the proposal for the stock split through remote e-voting. The voting process was completed on September 10, 2026. After receiving member approval, the board fixed the record date for the sub-division.
Official Board Announcement to Stock Exchanges
In a letter dated September 12, 2026, the company secretary informed BSE Limited and National Stock Exchange of India Limited about the record date and the terms of the sub-division under applicable SEBI regulations.
Understanding the Stock Split Ratio and Important Dates
Breakdown of the 1 to 5 Split Ratio
Under the approved sub-division plan, the face value of each equity share will change from Rs. 10 per share to Rs. 2 per share. Every one existing equity share will be sub-divided into five new equity shares of Rs. 2 each.
- Old Face Value: Rs. 10 per equity share
- New Face Value: Rs. 2 per equity share after sub-division
- Split Ratio: 1 existing share into 5 new shares
Fixing of the Official Record Date
The board of directors has fixed Thursday, October 08, 2026 as the Record Date for the sub-division. Shareholders whose names appear in the company register on the Record Date will have their existing shares of Rs. 10 face value converted into shares of Rs. 2 face value.
Key Details At A Glance
| Detail | Information |
|---|---|
| Company | Shankara Buildpro Limited |
| Corporate Action | Sub-Division of Equity Shares (Stock Split) |
| Old Face Value | Rs. 10 per equity share |
| New Face Value | Rs. 2 per equity share |
| Split Ratio | 1 share of Rs. 10 into 5 shares of Rs. 2 |
| Shareholder Approval | Remote e-voting completed September 10, 2026 |
| Exchange Intimation Date | September 12, 2026 |
| Record Date | Thursday, October 08, 2026 |
| Exchanges Informed | BSE Limited and National Stock Exchange of India Limited |
About The Sub-Division Process
Shankara Buildpro's equity shares currently carry a face value of Rs. 10 each. Post sub-division, each existing share of Rs. 10 will be split into five shares of Rs. 2 each. The total paid-up share capital of the company in value terms remains the same — only the face value per share and the total number of shares change.
Shareholders holding shares in demat form on the Record Date of October 08, 2026 will have their holdings automatically updated by the depositories. The company has filed this intimation with BSE and NSE in compliance with applicable SEBI listing regulations.
Conclusion
Shankara Buildpro Limited has fixed October 08, 2026 as the Record Date for its 1:5 stock split, converting each equity share of Rs. 10 face value into five equity shares of Rs. 2 face value. Shareholder approval was obtained through remote e-voting completed on September 10, 2026, and the company informed BSE and NSE through a letter dated September 12, 2026.