NSE · Corporate Action · Low
Pondy Oxides & Chemicals to split face value from ₹5 to ₹2 per share
NSE notifies POCL's face value change to ₹2 per share effective July 21, 2026. The split proportionally adjusts share count and price.
What changed
- Face value of POCL equity shares reduced from ₹5 to ₹2 per share.
- Number of shares and price adjust proportionally; total investment unchanged.
- Trading members must update systems before effective date.
The read
NSE has notified the split of POCL's face value from ₹5 to ₹2 per share, effective July 21. The adjustment proportionally increases the number of shares and lowers the price per share, leaving the total investment value unchanged. Trading members must update their systems. The move is a standard corporate action with no material impact beyond the mechanical adjustment.
Pondy Oxides & Chemicals Limited (POCL)NSE
Primary source: official circular (PDF)