TANFAC 1:2 Share Split Record Date Fixed As March 5, 2026; Shares Fall 1.75%

Mumbai, March 9: TANFAC Industries Limited shares were down 1.75% to ₹1,949.60 as of 09:48 IST on March 9, 2026, following recent market activity around the company’s 1:2 equity share sub-division, for which March 5, 2026 had been fixed as the record date, according to an exchange disclosure dated February 27, 2026.

Record Date Fixed For Equity Share Sub-Division

TANFAC Industries Limited informed stock exchanges that its Board of Directors, at a meeting held on February 27, 2026, approved March 5, 2026 as the record date for the sub-division of the company’s equity shares.

Under the approved structure, one equity share with a face value of ₹10 is sub-divided into two equity shares with a face value of ₹5 each. The newly issued shares will rank pari passu with the existing equity shares in all respects.

The company issued the notification pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which requires listed companies to inform exchanges when fixing record dates for corporate actions.

As per the filing, the board meeting considering the matter commenced at 12.30 p.m. and concluded at 1.45 p.m. on February 27, 2026.

Stock Market Snapshot

Shares of TANFAC Industries Limited were trading lower during the morning session on March 9, 2026.

The stock was quoted at ₹1,949.60, down ₹34.70 or 1.75%, as of 09:48 IST, compared with the previous close of ₹1,984.30, according to exchange data.

During the session so far, the stock touched a high of ₹1,984.30 and a low of ₹1,904.45, so far with a volume of 535 shares recorded at the time of observation. The volume-weighted average price (VWAP) stood at ₹1,947.24.

Market capitalisation of the company was reported at approximately ₹3,889.45 crore, while the free-float market capitalisation stood near ₹1,745.47 crore, based on exchange statistics.

Company Background

TANFAC Industries Limited operates in the fluorine chemistry and specialty chemical manufacturing sector, producing a range of fluoride-based chemicals and industrial intermediates.

The company’s manufacturing operations are located in Cuddalore, Tamil Nadu, supplying products used across industries such as aluminium processing, refrigeration gases, pharmaceuticals and speciality materials.

TANFAC is jointly promoted by Anupam Rasayan India Limited and Tamil Nadu Industrial Development Corporation (TIDCO).

Conclusion

The exchange filing confirms that March 5, 2026 served as the record date for TANFAC’s 1:2 share sub-division, converting every ₹10 equity share into two shares of ₹5 each.

While the corporate action adjusts the face value and increases the number of outstanding shares, it does not change the company’s underlying market capitalisation. Market participants continue to track the stock following the implementation window for the share split and its effect on liquidity and trading activity.