Bansal Wire Stock Split Record Date October 16 2026: ₹5 to ₹1 Face Value Explained

Educational content only. Not investment advice. Prices are from the NSE bhavcopy and the exchange and company filings named in this article; always verify the latest exchange disclosures before acting.

The Bansal Wire stock split record date is today, Friday, October 16, 2026. Bansal Wire Industries Limited (NSE: BANSALWIRE, BSE: 544209) will sub-divide each equity share of ₹5 face value into five fully paid-up shares of ₹1 face value, according to the company’s September 24 record-date intimation to NSE and BSE. NSE’s corporate-actions listing has both the ex-date and the record date on October 16. For how the rest of the session is shaping up, see our Stock Market Today India hub.

Bansal Wire stock split record date: how we got here

The board cleared the sub-division on August 12, 2026, subject to shareholder approval, per its board-outcome filing. The stated aim is to make the shares “more affordable” and improve liquidity. Shareholders approved it at the 41st AGM on September 17, 2026. The scrutinizer’s report shows 114,891,633 votes in favour and 62 against.

The exchanges have since done their part. NSE circular NSE/CML/76731 dated October 6 changes the face value and paid-up value from ₹5 to ₹1 with effect from October 16. A BSE notice dated September 29 says the old ISIN, INE0B9K01025, stops being valid for exchange trades done on or after October 16, with the new ISIN to follow in a separate notice.

The split at a glance

• Split ratio: 1 share of ₹5 face value becomes 5 shares of ₹1 face value.
• Record date and ex-date: October 16, 2026 (NSE). With T+1 settlement, Thursday, October 15 was the last session to buy before the split.
• Share count: 156,555,952 paid-up equity shares before the split, per the board filing. Times five, that is 782,779,760 shares after it (our calculation). Paid-up capital stays at about ₹78.3 crore.
• Last pre-split close: ₹315.60 on NSE on October 15, up 0.51% from the previous close of ₹314.00, on 215,860 shares traded, per the NSE bhavcopy.

What 100 shares turn into

A split changes how many shares you own and the price of each one. It does not change what the holding is worth. Say you held 100 shares at the October 15 close of ₹315.60, so ₹31,560 in all. After the split you have 500 shares. Divide the price by five and you get ₹63.12 a share, and 500 × ₹63.12 is still ₹31,560. That ₹63.12 is arithmetic, not a market quote. Your average buy price, for tax and P&L tracking, gets divided by five as well.

Since every old share becomes a whole number of new ones, there are no fractions to sort out. Our explainer on record date vs ex-date covers why T+1 puts both on the same day.

The business behind the stock

The split comes on the back of a strong volume update. Bansal Wire’s October 1 sales release reported record quarterly sales volume of 128,867 tonnes in Q2 FY27, up 12.44% year on year from 114,609 tonnes. Half-year volume was 240,812 tonnes, up 10.10% year on year. Data pages such as ET Markets’ split history also show the ₹5-to-₹1 split with an October 16 ex-split date.

Does anything change for holders?

If you held Bansal Wire at the end of trading on October 15, your demat account should show five ₹1 shares for every ₹5 share, under the new ISIN once it’s notified. Your ownership stake, voting rights and the company’s market value don’t change. The new ₹1 shares rank pari passu, which means equal in every respect.

A lower share price can make the stock easier for small investors to buy, but better liquidity isn’t a given. Earnings don’t move because of a split either, so the Q2 FY27 results, when they come, are the real test of the business.

Educational content only. Not investment advice. Prices are from the NSE bhavcopy and the exchange and company filings named in this article; always verify the latest exchange disclosures before acting.