Dhariwalcorp Announces 1:5 Stock Split

Jodhpur, February 6, 2026: Dhariwalcorp Limited has announced a 1:5 stock split. The resolution of the split was passed on Wednesday, December 10, 2025 and had fixed the record date of Friday, February 06, 2026.

The company announced the development by way of an exchange communication, and more details about timelines would be announced in due course.

Under the split, each equity share of face value ₹10 will be subdivided into five fully paid-up equity shares of face value ₹2 each. The sub-division will increase the number of outstanding shares without impacting the Company’s market capitalisation or shareholders’ investment value immediately after the split.

Key Dates and Timeline

The company has announced 6 February 2026 as the record date for determining eligible shareholders. Investors holding shares as of the record date will receive additional shares in the 1:5 ratio.

Post the ex-date, the stock price will adjust in line with the revised face value, as per exchange norms. The corporate action will be completed within regulatory timelines once approvals and procedural steps are finalised.

A stock split is undertaken to enhance market liquidity and trading accessibility. By reducing the nominal price per share, the company aims to make its stock more attractive to a wider range of investors, encouraging greater market participation while leaving its financial position, earnings, and overall shareholder value unaffected.

Dhariwalcorp Financials

For the half-year ended September 2025, the company reported stable sales of ₹119 crore, up from ₹113 crore in March 2025, alongside a sharp improvement in profitability. Operating profit increased to ₹4 crore from ₹1 crore, while net profit stood at ₹3 crore, reflecting better operating efficiency.

For FY2025, total revenue rose 2.3% YoY to ₹236.47 crore, while net profit declined 21.1% to ₹3.56 crore due to higher expenses. Basic EPS fell to ₹4.38 from ₹6.85 in FY2024, indicating pressure on margins.

Market Snapshot and Dhariwalcorp Share Price Effect

As of 6 February 2026, on the NSE, Dhariwalcorp Limited share price closed at ₹78.70, down ₹307.30 or 79.61%. The stock opened at 78.70 and also traded with a high and low of ₹78.70. Total traded volume was 0.03 lakh shares, valued at ₹0.02 crore. The company has a market capitalization of ₹369.95 crore. Its 52-week high and low are ₹82.60 and ₹18.10, respectively.

The significant drop in Dhariwalcorp Limited’s share price is primarily due to its 1:5 stock split, where each ₹10 share was subdivided into five ₹2 shares. This corporate action increases the number of shares while reducing the nominal price per share, leading to an automatic technical adjustment without affecting market capitalization.

About the Company

Dhariwalcorp Limited was established in 2020. It is involved in the trading and processing of petroleum jelly, industrial chemicals, and waxes.

The company serves industrial clients in various segments. These need specialty chemical and wax-based products. It is listed on the NSE SME platform under the symbol DHARIWAL.

Ref: 

• https://www.nseindia.com/get-quote/equity/Dhariwal/Dhariwalcorp-Limited
• https://nsearchives.nseindia.com/corporate/DHARIWALCORP_29012026141111_1RecordDateIntimation.pdf