In a significant corporate development for investors, TANFAC Industries Limited has announced the record date for its upcoming equity share split. The company informed stock exchanges that March 5, 2026 has been fixed as the record date to determine the eligibility of shareholders for the subdivision of equity shares.

The announcement was made after the company’s Board of Directors meeting held on February 27, 2026, during which the board approved the record date for the corporate action. The meeting reportedly commenced at 12:30 PM and concluded at 1:45 PM.

The share subdivision is part of the company’s strategy to enhance stock liquidity and make shares more affordable for investors in the stock market.

Details of the Tanfac Industries Share Split

As per the official announcement, the company will implement a 1:2 equity share split.

This means that:

• One equity share with a face value of ₹10 will be subdivided into two equity shares

• Each new share will have a face value of ₹5

The newly issued shares will rank pari-passu, meaning they will carry the same rights and privileges as the existing equity shares, including voting rights, dividend entitlement, and other shareholder benefits.

The company clarified that this corporate action is applicable to shareholders whose names appear in the register of members as of the record date.

Record Date Fixed for Shareholders

The company has fixed Thursday, March 5, 2026 as the official record date.

A record date is an important concept in the stock market because it determines which shareholders are eligible to receive the benefits of corporate actions such as:

• Share splits

• Bonus shares

• Dividends

• Rights issues

Investors who hold shares of Tanfac Industries before the record date will automatically receive the additional shares after the subdivision process is completed.

Listing and Trading Details

The equity shares of TANFAC Industries Limited are listed on BSE Limited under the scrip code 506854.

Following the share split, the stock will begin trading at a revised price adjusted according to the new face value of ₹5 per share.

Generally, after a stock split, the market price adjusts proportionally, while the overall market value of investors’ holdings remains unchanged.

For example, if an investor holds 100 shares before the split, they will receive 200 shares after the subdivision, although the price per share will be adjusted accordingly.

Background of Tanfac Industries

Tanfac Industries Limited is a joint sector company promoted by:

• Tamil Nadu Industrial Development Corporation

• Anupam Rasayan India Ltd

The company operates primarily in the specialty chemicals sector, manufacturing products used in industries such as pharmaceuticals, agrochemicals, refrigerants, and industrial chemicals.

Its registered office and manufacturing facility are located in the SIPCOT Industrial Complex in Cuddalore, Tamil Nadu.

Over the years, the company has built a presence in the chemical industry by focusing on fluorine-based chemicals and specialty chemical manufacturing.

Why Companies Announce Share Splits

Share splits are commonly used by companies to increase stock liquidity and attract retail investors.

When the price of a stock becomes relatively high, smaller investors may find it difficult to purchase shares in large quantities.

By splitting the shares and reducing the face value, companies effectively lower the trading price per share, making the stock more accessible.

This often leads to:

• Increased trading volumes

• Greater retail participation

• Improved market liquidity

However, it is important to note that share splits do not change the company’s fundamental value or market capitalisation.

Impact on Investors

For existing shareholders of Tanfac Industries, the share split will result in an increase in the number of shares held, while the overall investment value remains unchanged.

For example:

• If an investor owns 50 shares of ₹10 face value, after the split they will hold 100 shares of ₹5 face value.

The change mainly affects share structure and liquidity, rather than the company’s financial performance.

Many investors often see share splits as a positive corporate signal, indicating confidence by the company’s management in its long-term growth prospects.

Corporate Governance and Disclosure

The company stated that the intimation regarding the record date has been submitted to the stock exchange in compliance with Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

These regulations require listed companies to inform stock exchanges about corporate actions such as dividends, bonus issues, and share splits.

Such disclosures ensure transparency and timely communication with investors and regulators.

The company also confirmed that the information has been uploaded on its official website for shareholders and stakeholders.

Market Perspective

Corporate actions such as share splits often attract attention from investors because they can increase trading activity and visibility of the stock in the market.

While the split itself does not directly affect the company’s financial performance, it may improve investor participation, particularly among retail investors who prefer lower-priced shares.

For companies operating in sectors such as specialty chemicals, investor sentiment is often influenced by industry demand, export opportunities, and long-term growth potential.

Conclusion

The decision by TANFAC Industries Limited to fix March 5, 2026 as the record date for its 1:2 share split marks an important corporate action for its shareholders.

Under the plan, each ₹10 equity share will be subdivided into two shares with a face value of ₹5, ensuring that the new shares carry the same rights as existing ones.

For investors, the share split could improve liquidity and accessibility of the stock, while also drawing increased interest from the broader investment community.

As the record date approaches, shareholders and market participants will closely monitor the stock’s movement and the implementation of this corporate restructuring move in the Indian stock market.

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