Now Reading: JSW Dulux stock to split 10-for-1 from 22 October
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JSW Dulux stock to split 10-for-1 from 22 October
Paint sector company JSW Dulux will split its shares in a 10-for-1 stock split, effective 22 October 2026. The corporate action was announced in August. Each share with a face value of Rs 10 will be divided into 10 shares of Re 1 face value each.
At the current price of Rs 3,011.10, a share would be worth around Rs 300 after the split. The record date is 22 October 2026. Stock splits make high-priced shares more affordable for small investors, increasing the number of shares while keeping the total investment value unchanged.
JSW Paints Ltd became the new promoter and holding company of JSW Dulux in December 2025 by buying a stake from Akzo Nobel Coatings International B.V. JSW Paints now holds 61.20 percent in JSW Dulux.
Indian Opinion Analysis
The 10-for-1 split brings JSW Dulux within reach of retail investors who were priced out at over Rs 3,000. More shareholders could increase trading liquidity, but the company's fundamentals remain unchanged. The next date to watch is 22 October 2026, when the split takes effect and the stock begins trading at the adjusted price.
Source: aajtak.in
This brief was synthesised by AI from the source linked above. Methodology and corrections.
