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Shankara Buildpro Shares Set to Trade Adjusted for 1:5 Stock Split Today
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CNBC TV18•08-10-2026, 04:10
Shankara Buildpro Shares Set to Trade Adjusted for 1:5 Stock Split Today
- •Shankara Buildpro Ltd. shares will trade adjusted for a 1:5 stock split starting Thursday, October 8.
- •One equity share with a face value of ₹10 is being divided into five shares with a face value of ₹2 each.
- •Shareholders holding the stock as of Wednesday's closing are eligible, while new buyers today are not.
- •The total investment value remains unchanged as the share price adjusts proportionally to the 1:5 split ratio.
- •This marks the first-ever corporate action of a stock split announced by Shankara Buildpro.
Key Questions Answered
Shankara Buildpro shares will trade adjusted for a 1:5 stock split starting Thursday, October 8, which is the designated record date. One existing share with a face value of ₹10 will be divided into five shares with a face value of ₹2 each.
The total value of the investment remains unchanged after a stock split. While the number of shares increases proportionally, the stock price adjusts downward accordingly, meaning the total worth of the holdings stays the same.
Companies generally carry out stock splits to make their share prices more attractive and affordable for smaller retail investors, while also helping to improve overall stock liquidity.
