Gujarat Natural Resources sets November 5 record date for stock split
In short
Gujarat Natural Resources set November 5, 2026 as the record date for a 1:10 stock split. After the split, one ₹10 share will become 10 shares of Re 1.
The move is meant to make the shares easier for more investors to own. The report did not say anything about trading impact or why the company chose this timing.
What the reporting says
Gujarat Natural Resources set November 5, 2026 as the record date for a proposed 1:10 stock split after shareholder approval. Each ₹10 share will convert into 10 shares of Re 1, according to the reporting. The immediate business effect beyond the split and its impact on trading was not stated.
Why it matters
Gujarat Natural Resources announced a record date of November 5, 2026 for a 1:10 stock split after shareholder approval. The company, which operates in oil and gas exploration, will convert each ₹10 share into 10 shares of Re 1. The reporting does not state any earnings impact or trading reaction, so the market effect is unknown.