Waterways Leisure Tourism Share Price Surges Over 2%; Shareholders Approve 1:10 Share Split

Waterways Leisure Tourism Limited, the company operating Cordelia Cruises, has secured shareholder approval for a 1:10 subdivision of its equity shares through a postal ballot, as per the exchange filings.  

The company announced the approval on August 12, 2026, and fixed August 26, 2026, as the Record Date for determining eligible shareholders. 

Share Count to Rise Tenfold 

Under the approved subdivision, every existing fully paid-up equity share with a ₹10 face value will be divided into 10 shares carrying a face value of ₹1 each. 

The paid-up share capital will remain unchanged at ₹723.95 million, while the number of shares will increase from 7,23,94,543 to 72,39,45,430. 

The company said the split is aimed at making its shares more accessible to a wider investor base, particularly retail investors, while facilitating greater participation and liquidity in the secondary market. 

Cordelia Cruises Expands Fleet 

Waterways Leisure Tourism currently operates Empress and has announced additions of Sky in October 2026 and Sun in November 2027.  

The company said the fleet additions will strengthen its capacity and support the development of India's cruise tourism ecosystem. 

Company's Cruise Operations 

Waterways Leisure Tourism operates Cordelia Cruises, offering domestic and international cruise holidays with onboard services covering accommodation, dining, entertainment, wellness, gaming, retail, MICE, weddings and group travel. 

More than 7.8 lakh guests have travelled with Cordelia Cruises across its domestic and international itineraries since operations began. 

Management Highlights Share Split 

Jurgen Bailom, Chairman of the Board, Executive Director and CEO, said the approval marks another milestone in building a more accessible listed company.  

He described the move as supporting wider investor participation, liquidity and engagement while the company expands Cordelia Cruises. 

Read More: Tata Motors Share Price Gains Over 4% After Q1 FY27 Earnings Results: Total Income Up 19.5% YoY! 

Waterways Leisure Tourism Share Price Performance  

As of 13 August 2026, at 12:40 AM, Waterways Leisure Tourism Limited share price was trading at ₹847.45 per share, reflecting a surge of 2.66% from the previous trading session. 

Conclusion 

The 1:10 share split will increase Waterways Leisure Tourism's equity shares from 7.24 crore to 72.39 crore, without changing paid-up capital, with August 26, 2026 fixed as the Record Date. 

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