NSE · Corporate Action · Low
NSE: MBAPL face value split from Rs 10 to Rs 2, effective July 3
Madhya Bharat Agro Products (MBAPL) will split each Rs 10 share into 5 shares of Rs 2 each, effective July 3, 2026.
What changed
- Face value cut from Rs 10 to Rs 2 per share in a 5:1 ratio.
- Effective date: July 3, 2026.
The read
Effective July 3, 2026. Madhya Bharat Agro Products (MBAPL) is splitting each Rs 10 share into five Rs 2 shares — the price will be one-fifth of the closing price on the ex-date. The split creates no value but may attract more retail buyers. Members must update systems. A routine corporate action.
Madhya Bharat Agro Products Limited (MBAPL)July 03, 2026
Primary source: official circular (PDF)