Pashupati Cotspin Limited (PASHUPATI) — Corporate Action(2 announcements)

· NSE 🔴 High Importance ✨ Positive
1 Corporate Action 🔴 High Importance ✨ Positive 📄 PDF
📢 Key Event
Stock split approved at 1:10 ratio with record date of April 17, 2026.
🔮 What's Next
Record date fixed for April 17, 2026 to determine shareholder eligibility for split implementation.
💡 Investor Takeaway
Each share you hold will become 10 shares at lower face value; your proportional ownership remains unchanged but per-share market price will adjust downward, potentially improving stock accessibility.

Pashupati Cotspin Limited announced a 1:10 stock split, converting each existing equity share with face value of ₹10 into 10 shares of ₹1 each. The record date is April 17, 2026. This corporate action increases the number of outstanding shares proportionally without changing shareholder equity stakes, potentially improving liquidity and affordability for retail investors.

2 Corporate Action 🔴 High Importance Neutral 📄 PDF
📢 Key Event
Shareholders approved sub-division of shares and MoA amendment via e-voting
🔄 What Changed
99.51% approval for both resolutions; remote e-voting completed March 29, 2026
💡 Investor Takeaway
Shareholders approved key corporate changes, enabling future flexibility in share structure.

Pashupati Cotspin Limited announced that shareholders approved a sub-division of equity shares and an amendment to the Memorandum of Association via remote e-voting, with 99.51% of votes in favor for both resolutions. The approval was granted on March 29, 2026, the final day of voting, and the results were formally declared on March 31, 2026. The company confirmed the resolutions passed with requisite majority, enabling the corporate actions to proceed. This remote voting process adhered to SEBI LODR regulations and involved participation from promoters and public shareholders through the NSDL platform.

About Pashupati Cotspin Limited (PASHUPATI)

Textiles · Textiles & Apparels · Listed on NSE

Market Cap: ₹1,439.66 Cr P/E: 88.5

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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