JSW Dulux Stock Split: Everything You Need To Know
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JSW Dulux has fixed 22 October 2026 as the record date for its proposed 1:10 stock split. Under it, each ₹10 share will be divided into 10 shares of ₹1.
JSW Dulux has fixed 22 October 2026 as the record date for its proposed 1:10 stock split. The company will divide each fully paid-up equity share with a face value of ₹10 into 10 shares with a face value of ₹1 each. The split changes the number and face value of shares but does not, by itself, change the company's overall market capitalisation.
The record date will determine the shareholders eligible for the proposed share subdivision. The announcement follows shareholder approval through a postal ballot on 20 September 2026. The company's board had earlier approved the stock split during its June-quarter results.
The JSW Dulux share price will be affected mechanically by the subdivision, as the number of shares increases while the price adjusts proportionately. On 22 September 2026, the company’s stock ended the day at ₹3,137.10 on the National Stock Exchange (NSE).
Why Is JSW Dulux Carrying Out The Share Split?
The stock split comes after JSW Paints acquired a 60.76% stake in Akzo Nobel India, which was completed in December 2025. JSW Paints is part of the $23 billion JSW Group.
The acquisition was completed under a share purchase agreement involving JSW Paints, Imperial Chemicals Industries and Akzo Nobel Coatings International. Following the transaction, Akzo Nobel India was renamed JSW Dulux.
How Did JSW Dulux Perform In Q1 FY27?
The company's consolidated net profit for the June quarter was ₹79.7 crore. This was a 12.4% decrease from ₹91 crore in the same period last year.
Revenue from operations stood at ₹965 crore. When compared with the ₹993.1 crore revenue from a year earlier, it was a 2.82% year-on-year decline.
Also Read - TCS Dividend 2026: Second Interim Dividend To Be Considered On 8 October
This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer
Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.
At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide, turning market noise into something worth reading.
When she's not decoding markets, she trades charts for canvases, chasing art, painting, and architecture across cities she's yet to explore.
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