Description

NSE announces face value split of V2 Retail Limited equity shares from Rs. 10 to Re. 1, effective March 25, 2026.

Summary

NSE has announced that V2 Retail Limited (symbol: V2RETAIL) will undergo a face value split of its equity shares. The face value and paid-up value will be reduced from Rs. 10 to Re. 1 per share, effective March 25, 2026.

Key Points

  • V2 Retail Limited (V2RETAIL) equity shares will undergo a face value split.
  • Existing face value and paid-up value: Rs. 10 per share.
  • New face value and paid-up value: Re. 1 per share.
  • Split ratio is effectively 10:1 (one Rs. 10 share becomes ten Re. 1 shares).
  • Circular issued by NSE Listing Department under Ref No: NSE/CML/73355.

Regulatory Changes

The face value and paid-up value of V2 Retail Limited equity shares will be officially changed as per the NSE circular, altering the denomination of listed shares on the exchange.

Compliance Requirements

  • All NSE members are informed and are expected to update their systems and records accordingly.
  • Trading and settlement systems must reflect the new face value of Re. 1 per share from March 25, 2026.

Important Dates

  • Circular Date: March 18, 2026
  • Effective Date: March 25, 2026

Impact Assessment

The face value split will increase the number of outstanding shares tenfold while proportionally reducing the face value per share. This typically improves share liquidity and affordability for retail investors. Market price per share is expected to adjust accordingly on the effective date. No immediate regulatory compliance burden is placed on investors, though brokers and members should ensure their systems are updated prior to March 25, 2026.

Impact Justification

Face value split affects share price and liquidity for V2RETAIL investors but is a routine corporate action with a clear effective date.