NSE · Corporate Action · Low
Krishana Phoschem splits share face value 5:1 from Rs. 10 to Rs. 2
NSE confirms Krishana Phoschem's stock split effective July 3, 2026. Each Rs. 10 share becomes five Rs. 2 shares; price adjusts proportionally.
What changed
- Face value of KRISHANA equity reduced from Rs. 10 to Rs. 2 per share – a 5:1 split.
- Outstanding shares rise fivefold; market cap unchanged; price adjusts downward expectedly.
- Ex-date July 3, 2026; all settlement and margin records updated to new face value.
The read
A stock split is mechanical, not fundamental. Krishana Phoschem is splitting its face value from Rs. 10 to Rs. 2 – a 5:1 ratio effective July 3. The number of shares increases fivefold; the price adjusts downward proportionally. Market capitalisation stays the same, but the lower per-share price typically improves liquidity and retail accessibility. NSE members must update settlement and margin records to the new face value. For investors, the holding is automatically adjusted by the depository – nothing to do except watch the lower sticker price.
Krishana Phoschem Limited5:1 splitRs. 10 to Rs. 2
Primary source: official circular (PDF)