Dear Investors,
Big news for Titan Biotech Ltd shareholders. The company has approved a stock split to make its shares more accessible for retail investors and improve liquidity. Here’s everything you need to know in a simple and structured format:
Eligibility:
To be eligible for the stock split, you must buy Titan Biotech shares on or before 18 February 2026
India follows a T+1 settlement cycle. This means:
If you buy shares on 18 February (T day), they will be credited to your demat account on 19 February (T+1 day), placing you on the shareholder record before the record date.
This ensures only shareholders who hold the stock before the record date receive the additional shares.
Corporate Action Details
Type: Stock Split
Face Value: ₹10 → ₹2
Split Ratio: 1:5 (1 share becomes 5 shares)
Board Approval: 29 November 2025
Shareholder Approval: 30 December 2025
Record Date / Split Effective: 20 February 2026
Current Price (Pre‑Split): Market‑traded price prior to ex‑date
Theoretical Price (Post‑Split): One‑fifth of the pre‑split price
Key Dates at a Glance
| Date | Event |
|---|---|
| 18 Feb 2026 | Last Day to Buy (T+1 ensures eligibility) |
| 19 Feb 2026 | Ex‑Date (stock starts trading at adjusted split price) |
| 20 Feb 2026 | Record Date & Split Effective |
Until 19 February, the stock continues trading at the pre‑split price.
How It Impacts You
-
Your total investment value remains unchanged; only the number of shares increases.
Example: If you hold 1 share, after the split you will hold 5 shares at one‑fifth the pre‑split price. -
Increased affordability typically improves liquidity and attracts broader participation from retail investors.
Capital Structure Changes After the Split
| Metric | Pre‑Split | Post‑Split |
|---|---|---|
| Authorised Shares | 1,00,00,000 shares (FV ₹10) | 5,00,00,000 shares (FV ₹2) |
| Issued & Paid‑Up Shares | 82,63,700 shares | 4,13,18,500 shares |
| Overall Capital Value | Same | Same |
If you have any suggestions or questions regarding this or any other corporate actions, drop down in the comment section below !
Happy Investing,
Team 5paisa