BSE · Corporate Action · Low
Indian Toners & Developers splits shares 5-for-1, record date July 17
Each existing share of Rs.10 face value becomes five shares of Rs.2 each. Old ISIN to be deactivated on July 17; new ISIN to follow.
What changed
- 5-for-1 stock split announced by Indian Toners & Developers Ltd.
- Face value reduced from ₹10 to ₹2 per share.
- Record date and effective date: July 17, 2026; old ISIN invalid thereafter.
The read
Indian Toners & Developers splits its stock 5-for-1. Each existing share of ₹10 becomes five shares of ₹2 each, effective July 17, 2026. The old ISIN (INE826B01018) ends that day. Market cap remains unchanged. Trading members must update systems; BSE will announce the new ISIN separately. The split increases share liquidity and affordability for retail investors while leaving economic value unchanged—a standard outcome for such adjustments.
Indian Toners & Developers LtdINE826B01018July 17, 2026
Primary source: official circular (PDF)