Shankara Buildpro is scheduled to subdivide its equity shares from a face value of ₹10 each to ₹2 each, with both the ex-date and record date listed as 8 October 2026 in NSE’s calendar. The arithmetic is five new shares for each existing share.
Five units replace one
A holding of 20 eligible old shares would correspond to 100 shares after the subdivision is implemented. The combined nominal value stays ₹200 in that example. This is a split, not a bonus issue: the existing shares are divided into smaller units rather than additional shares being issued from reserves.
Why the price display needs care
The split alone does not multiply the economic value of a holding. A comparable per-share price must be adjusted for the fivefold change in units; actual traded prices can still move with supply and demand. An old chart, target or average purchase price that has not been adjusted can therefore mislead. The exchange calendar establishes the scheduled ratio and dates, but this report has not verified a new ISIN, a demat credit completion or a live market price.
Security and evidence
| Issuer | Shankara Buildpro |
|---|---|
| Security | NSE BUILDPRO |
| Event | split |
The ₹10-to-₹2 change and the October 8 dates are from NSE’s calendar, retrieved at 00:55 IST on October 7. BSE’s investor-education guide explains why a subdivision differs from a reserve-funded bonus. That guide is context, not independent confirmation of Buildpro’s corporate decision.
Sources: Shankara Buildpro exchange-calendar entry; BSE corporate-action mechanics; NSE securities settlement. Related coverage: CapKet Markets.