NSE · Corporate Action · Low

NSE cuts PSRAJ market lot to 2,500 shares after 5:1 split

The market lot for P S Raj Steels becomes 2,500 shares on July 24, 2026, following a 5:1 stock split. No broader impact.

16 Jul 2026 Effective July 24, 2026 Affects: Shareholders and trading members of P S Raj Steels (PSRAJ) on the SME platform.

What changed

NSE adjusted market lot for PSRAJ to 2,500 shares due to 5:1 split.
Effective date and record date both July 24, 2026.
Trading members must update security files before that date.

The read

PSRAJ shares split 5:1. NSE responds with a market lot of 2,500 shares, effective July 24, 2026 — the same date serves as both ex-date and record date. The adjustment is routine on the SME platform. Trading members must load the updated security file before trading begins. No broader market or regulatory impact is expected.

P S Raj Steels (PSRAJ)2,500 shares5:1 split

Primary source: official circular (PDF)