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JSW Duolux: Rs 14,000 Crore Company's Share to Split 1:10, Record Date Oct 22
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CNBC Awaaz•22-09-2026, 17:28
JSW Duolux: Rs 14,000 Crore Company's Share to Split 1:10, Record Date Oct 22
- •JSW Duolux Limited has set October 22, 2026, as the record date for its 1:10 share split.
- •One existing share will split into 10, reducing the face value from ₹10 to ₹1 per share.
- •The share split increases the number of shares but does not immediately increase investment value, as market price adjusts proportionally.
- •The record date identifies eligible shareholders; investors should confirm the ex-date before buying.
- •Share splits aim to increase liquidity and make shares more accessible to small investors, but do not alter the company's fundamental performance.
Key Questions Answered
JSW Duolux Limited set Thursday, October 22, 2026, as the record date for its stock split in a 1:10 ratio, converting each share with a face value of ₹10 into 10 shares with a face value of ₹1.
The company was previously known as Akzo Nobel India Limited before informing the BSE and National Stock Exchange about its corporate actions and share split.
No, a stock split does not increase your money tenfold overnight because while the number of shares increases, the share price adjusts proportionally in the market.
