JSW Dulux stock split will divide each existing fully paid-up equity share with a face value of Rs 10 into 10 equity shares of Re 1 each.
The company has fixed October 22, 2026 as the record date for determining eligible shareholders.
The proposed 1:10 stock split was approved by shareholders through a postal ballot on September 20, 2026.
The record date was subsequently announced through a regulatory filing.
JSW Dulux Stock Split Record Date
October 22, 2026 will be the record date for the share subdivision.
Shareholders whose names are eligible on the record date will qualify for the proposed split, subject to the applicable settlement and corporate-action process.
Under the proposal, one existing Rs 10 face-value share will be converted into 10 shares with a face value of Re 1 each.
The number of shares held by an eligible shareholder will therefore increase in the 1:10 proportion.
How the 1:10 Stock Split Works
A stock split changes the face value and number of shares without, by itself, changing the overall value of an investor’s holding.
When one share is divided into 10 shares, the corresponding per-share price is adjusted proportionately.
For example, an investor holding one eligible share before the split would receive 10 shares after the 1:10 subdivision.
The face value of each share would change from Rs 10 to Re 1.
Company Was Earlier Known as Akzo Nobel India
JSW Dulux was formerly known as Akzo Nobel India.
The company became part of the JSW group after JSW Paints acquired a controlling stake in the business in December 2025.
The stock split comes after the company’s board approved the proposal in August 2026 and shareholders subsequently approved it through postal ballot.
The corporate action changes the denomination of the shares but does not by itself alter the company’s overall market capitalisation.
What Investors Should Check
Investors interested in the corporate action should keep the October 22 record date in mind and check their demat holdings and the applicable settlement requirements.
The record date is used to determine which shareholders are eligible for the split.
The JSW Dulux stock split is a share subdivision rather than a bonus issue.
Its key change is the conversion of each Rs 10 face-value share into 10 shares with a Re 1 face value.
