
TANFAC Industries Limited has informed the stock exchanges about a revision in the record date for its proposed equity share subdivision. The company had earlier announced February 27, 2026, that March 5, 2026, would be the record date to determine shareholder eligibility for the stock split.
However, the company has now revised the record date to Monday, March 9, 2026. The updated date will be used to identify shareholders eligible to receive the benefits of the subdivision of equity shares.
Under the approved stock split, each existing equity share with a face value of ₹10 will be subdivided into two equity shares with a face value of ₹5 each. The newly issued shares will rank pari-passu with the existing shares in all respects, including voting rights and entitlement to dividends.
The purpose of this corporate action is to increase the number of shares in circulation and potentially improve liquidity in the market. Stock splits are often undertaken by companies to make shares more affordable and accessible to a wider range of investors.
The company has previously undertaken shareholder reward initiatives through dividend payments. In September 2025, TANFAC Industries declared a dividend of ₹9 per share with a record date of September 17, 2025. Earlier, the company had also announced a final dividend of ₹7 per share in September 2024, with the book closure period from September 21 to September 27, 2024.
These actions reflect the company’s continued efforts to create value for shareholders through both corporate restructuring measures and cash distributions.
Also Read: Tanfac Industries Signs Long Term Supply Contract with Japanese Customer for Fluorinated Chemicals!
The revision of the record date ensures that investors have clarity regarding eligibility for the upcoming stock split. Once implemented, the subdivision of shares from ₹10 to ₹5 face value is expected to enhance trading liquidity and potentially attract broader investor participation in TANFAC Industries’ stock.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a private recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Mar 9, 2026, 10:51 AM IST

Nikitha Devi
Nikitha is a content creator with 7+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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