Description
Delphi World Money Limited announces 1:5 stock split (Rs. 10 to Rs. 2 per share) and 2:1 bonus issue with record date of February 14, 2026.
Summary
Delphi World Money Limited (formerly Ebixcash World Money India Limited, Scrip Code: 533452) has announced a stock sub-division and bonus issue. The company will split its equity shares from face value of Rs. 10/- to Rs. 2/- each (1:5 split), followed by a bonus issue in the ratio of 2:1. For every 1 existing equity share of Rs. 2/- (post-split), shareholders will receive 2 bonus shares of Rs. 2/- each. The record date is Saturday, February 14, 2026.
Key Points
- Stock Split: Face value reduced from Rs. 10/- per share to Rs. 2/- per share (1:5 sub-division)
- Bonus Issue Ratio: 2:1 (2 bonus shares for every 1 existing share post-split)
- Total Bonus Shares: 16,35,11,850 fully paid-up equity shares of Rs. 2/- each
- Existing Shares: 8,17,55,925 equity shares (post sub-division)
- Record Date: Saturday, February 14, 2026
- Credit to Demat Accounts: By 12 PM on Monday, February 16, 2026 (T+1 day)
- Trading Availability: Beginning of day Tuesday, February 17, 2026 (T+2 day)
- Current ISIN: INE726L01019 (will change post sub-division)
- Company Secretary: Vinay Singh
Regulatory Changes
This corporate action complies with SEBI circular no. CIR/CFD/PoD/2024/122 dated September 16, 2024, which mandates that bonus shares must be credited to beneficiary accounts by 12 PM of the next working day following the record date (T+1) and made available for trading at the beginning of T+2 day.
Compliance Requirements
- Depositories/RTAs: Must credit bonus shares to beneficiary accounts by 12 PM on Monday, February 16, 2026
- Exchange: Bonus shares must be available for trading from BOD of Tuesday, February 17, 2026
- Company: Must update ISIN post sub-division and provide new distinctive numbers for all shares
- Shareholders: No action required; bonus shares will be automatically credited to demat accounts in proportion to holdings on record date
Important Dates
| Event | Date |
|---|---|
| Circular Date | February 05, 2026 |
| Record Date (Sub-division & Bonus) | Saturday, February 14, 2026 |
| Sub-division Effective Date | Friday, February 14, 2026 |
| Deemed Date of Allotment (Bonus) | Monday, February 16, 2026 |
| Credit to Demat Accounts (by 12 PM) | Monday, February 16, 2026 (T+1) |
| Effective Listing/Trading Date | Tuesday, February 17, 2026 (T+2) |
Impact Assessment
Market Impact: High. This dual corporate action will significantly increase the total number of shares outstanding from 8.18 crore to 24.53 crore shares (3x increase). The stock split improves affordability and liquidity by reducing the trading price per share, while the bonus issue rewards existing shareholders without cash outflow.
Shareholder Impact: Existing shareholders will see their shareholding triple (1 share becomes 5 shares post-split, then 15 shares after 2:1 bonus). While the total value remains unchanged, the increased share count and lower price point may attract retail investors.
Trading Impact: The stock will trade ex-bonus and ex-split from February 14, 2026. Price adjustment will reflect both actions. Enhanced liquidity expected due to lower price per share and increased float.
Distinctive Numbers:
- Post Sub-Division: 1 to 8,17,55,925
- Bonus Shares: 8,17,55,926 to 24,52,67,775
Impact Justification
High impact corporate action involving both stock split and bonus issue that will triple total shares outstanding and significantly affect shareholder holdings and trading dynamics