Pashupati Cotspin Limited: 10‑for‑1 Share Split Completed
Date: 21 April 2026
Overview
Pashupati Cotspin Limited (CIN: L17309GJ2017PLC098117) has completed a 1‑to‑10 equity share split, converting each Rs.10 face‑value share into ten Re.1 shares. The split was executed on 18 April 2026, with the record date set on 17 April 2026.
Share Capital Changes
| Metric | Pre‑Split | Post‑Split |
|---|---|---|
| Authorized Equity Shares | 1,60,00,000 @ Rs.10 | 16,00,00,000 @ Re.1 |
| Issued, Subscribed & Paid‑up Equity Shares | 1,57,84,000 @ Rs.10 | 15,78,40,000 @ Re.1 |
| Total Capital (Rs.) | ₹16,00,00,000 | ₹16,00,00,000 |
The monetary value of the capital remains unchanged; only the share count and face value have been adjusted.
Trading Details
- ISIN: INE124Y01028
- BSE Scrip Code: 544448
- NSE Symbol: PASHUPATI
- Shares are now tradable on both BSE and NSE from 17 April 2026.
Implications for Investors
- Liquidity Boost: Ten‑fold increase in share count typically narrows bid‑ask spreads and encourages higher trading volumes.
- No Dilution: Ownership percentages and market cap remain unchanged; the split is purely cosmetic.
- Accessibility: Lower per‑share price may attract retail investors who were previously priced out.
- Future Financing: Enhanced liquidity can facilitate future equity raises, if needed.
Outlook
While the split does not affect the company’s earnings or cash flow, the improved marketability of the stock is a modest positive catalyst. Investors should monitor trading patterns for any price volatility post‑split but can expect the fundamental valuation to stay consistent.
For further details, visit the company website at www.pashupaticotspin.com.