Shareholders Watch Closely! Hindusthan Insulators Revises Record Date For Stock Split; Check New Date Now
Business
Following the company’s announcement of an adjustment in the record date for its upcoming 1:5 stock split, shares of Hindusthan Insulators & Industries Limited (formerly known as Hindusthan Urban Infrastructure) are probably going to be in focus. The company notified investors of the revised record date in an official filing that was submitted to BSE.
In order to ascertain their eligibility, investors who are waiting for the subdivision or split of shares should pay attention to the revised record date. Market players monitoring corporate actions and stock split announcements are anticipated to pay attention to the news.
Hindusthan Insulators & Industries New Record Date For Stock Split
“We had intimated 27th February, 2026 as the ‘Record Date’ for the purpose of determining the members, eligible for the sub-division/split of the existing equity shares of the Company. In this regard, we wish to inform you that the Board of Directors vide resolution passed through circulation dated 19th February, 2026 has revised the Record date to Friday, 13th March, 2026, in order to align the same with the timelines for change of name of the Company and receipt of necessary approvals from the Stock Exchange and the Depositories,” confirmed Hindusthan Insulators & Industries in a regulatory statement.
Hindusthan Insulators & Industries Stock Split Details
The company has approved a sub-division (stock split) of its equity shares in the ratio of 1:5. This means that every one existing equity share having a face value of Rs 10 each will be split into five equity shares having a face value of Rs 2 each. Improving the liquidity of the company’s equity shares on the capital market is the main rationale for the split.
The company aims to make its shares more affordable by lowering the face value and expanding the number of shares in circulation. It is anticipated that this action would promote higher participation from small and retail investors, expanding the stock’s shareholder base and boosting market activity.
Prior to the sub-division, the authorised equity share capital stood at 25,00,000 shares of Rs 10 each. Post sub-division and increase, the authorised equity share capital will rise to 5,50,00,000 equity shares of Rs 2 each. The subscribed share capital will change from 14,43,000 equity shares of Rs 10 each to 72,15,000 equity shares of Rs 2 each.
Similarly, the paid-up equity share capital will increase in number from 14,42,885 shares of Rs 10 each to 72,14,425 shares of Rs 2 each, as per Hindusthan Insulators & Industries. Despite the increase in the number of shares, the total paid-up capital amount remains the same.
Hindusthan Urban Infrastructure Target Price
“Hindusthan Urban Infrastructure stock price is bearish on the Daily charts with strong resistance at 2510. A Daily close below support of 2179 could lead to a target of 1820 in the near term,” commented A R Ramachandran, part-time SEBI-registered Research Analyst, Tips2trades.
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