Description

NSE circular announcing face value split of Best Agrolife Limited equity shares from Rs. 10 to Re. 1, effective January 16, 2026.

Summary

National Stock Exchange of India has announced a face value split for Best Agrolife Limited (BESTAGRO). The face value and paid-up value of equity shares will be split from Rs. 10 to Re. 1, representing a 1:10 split ratio. This change will be effective from January 16, 2026.

Key Points

  • Company: Best Agrolife Limited
  • Symbol: BESTAGRO
  • Existing face value: Rs. 10
  • New face value: Re. 1
  • Split ratio: 1:10 (each existing share will become 10 shares)
  • Effective date: January 16, 2026
  • Circular reference: NSE/CML/72177, Circular No. 0025/2026

Regulatory Changes

No regulatory framework changes. This is a corporate action (face value split) undertaken by the company and approved by shareholders, notified to exchange members for implementation.

Compliance Requirements

  • All NSE members must note the face value change in their systems
  • Trading and settlement systems should be updated to reflect the new face value from January 16, 2026
  • Members should adjust their records to show the split shares for clients holding BESTAGRO
  • Price adjustments will be made proportionally to reflect the 1:10 split

Important Dates

  • Circular Issue Date: January 06, 2026
  • Effective Date: January 16, 2026 - Face value split becomes effective

Impact Assessment

Market Impact: The face value split will make shares more affordable per unit, potentially improving liquidity and accessibility for retail investors. The stock price will adjust proportionally (approximately 1/10th of pre-split price), while market capitalization remains unchanged. Shareholders will receive 10 shares for every 1 share held.

Operational Impact: Trading systems, demat accounts, and member records need to be updated before the effective date. Historical price data should be adjusted for continuity in technical analysis and charting.

Impact Justification

Face value split from Rs. 10 to Re. 1 is a significant corporate action affecting share price and liquidity but does not change fundamental value or market capitalization