Hindusthan Urban Infrastructure Falls 3.3% After Fixing February 27 Record Date For 1:5 Stock Split

Mumbai, March 13: Share price of Hindusthan Urban Infrastructure Ltd declined 3.32% to ₹433.65 after the company confirmed February 27, 2026, as the record date for its approved equity share split, according to a regulatory filing.

The disclosure was made pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Fixes Record Date For 1:5 Share Split

In its exchange filing dated February 13, 2026, Hindusthan Urban Infrastructure informed that the Board of Directors has fixed Friday, February 27, 2026, as the record date to determine eligible shareholders for the subdivision of the company’s equity shares.

The corporate action follows the approval received through postal ballot earlier in February.

Under the approved proposal, one fully paid-up equity share with a face value of ₹10 will be subdivided into five equity shares with a face value of ₹2 each. All subdivided shares will rank pari passu with the existing equity shares in all respects.

A stock split increases the number of outstanding shares while proportionately reducing the face value per share, typically aimed at improving liquidity and making the stock more accessible to a wider investor base.

Share Price Movement On March 13

As of 4:01 pm IST on March 13, 2026, the stock was trading at ₹433.65, down ₹14.90 from the previous close of ₹448.55, according to BSE data.

The stock opened at ₹474.00 and touched a high of ₹474.00 and a low of ₹412.00 during the session. The company’s market capitalisation stood at about ₹312.85 crore.

The stock’s 52-week high and low were ₹559.80 and ₹330.26, respectively.

Company Background

Hindusthan Urban Infrastructure manufactures electrical equipment and infrastructure components used in power transmission and industrial applications. The company operates in the electrical equipment segment and caters to utilities and infrastructure projects.

Conclusion

With February 27 fixed as the record date, shareholders holding the stock on that date became eligible for the 1:5 share split. The corporate action restructures the share capital by increasing the number of outstanding shares while leaving the company’s overall equity base unchanged.

Source: https://www.bseindia.com/xml-data/corpfiling/AttachHis/aa918291-fe64-427e-b1f2-8f514f9832b8.pdf