Waterways Leisure Tourism Limited, formerly known as Waterways Leisure Tourism Private Limited, has approved a 1:10 stock split, under which every 1 equity share with a face value of ₹10 will be subdivided into 10 equity shares with a face value of Re. 1 each.
The proposal is subject to shareholders' approval and necessary regulatory clearances. The company expects to complete the process within approximately three months after obtaining the required approvals.
The company said the stock split has been undertaken to:
Enhance liquidity of its shares in the stock market.
Make the shares more affordable and accessible to a wider base of investors.
Increase trading volumes.
Broaden its shareholder base.
The company added that the subdivision of shares will not affect its overall capital structure or the intrinsic value of the business.
Following the proposed stock split:
Particulars | Pre-Split | Post-Split |
Face Value per Share | ₹10 | Re. 1 |
Split Ratio | — | 1:10 |
Authorised Share Capital | ₹100.05 crore (10,00,50,000 shares) | ₹100.05 crore (1,00,05,00,000 shares) |
Issued, Subscribed and Paid-up Capital | ₹72.39 crore (7,23,94,543 shares) | ₹72.39 crore (72,39,45,430 shares) |
The company's paid-up capital will remain unchanged at ₹72.39 crore, while the number of outstanding equity shares will increase tenfold following the subdivision.
The company also clarified that there will be no fractional entitlements under the proposed 1:10 stock split.
As of July 10, 2026, at 2:37 PM, Waterways Leisure Tourism share price was trading at ₹845.95 per share on the NSE, down 1.43% from the previous close of ₹858.25.
During the session, the stock opened at ₹870.00, touched an intraday high of ₹884.70, and a low of ₹841.50.
The company had a market capitalisation of ₹6,124.22 crore.
Waterways Leisure Tourism's board has approved a 1:10 stock split, subject to shareholder and regulatory approvals. The company expects the subdivision process to be completed within about three months after approvals, with the objective of improving liquidity and expanding investor participation.
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Published on: Jul 10, 2026, 2:52 PM IST
Rakesh Deshmukh
Rakesh Deshmukh is a financial content specialist with around 3 years of experience writing impactful content across equities, mutual funds, IPOs, and personal finance. At Angel One, he decodes real-time market trends and breaking news, helping investors and traders stay updated. He also helps investors make informed decisions by simplifying market fundamentals and technical analysis. He holds a bachelor’s degree in commerce.
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