Stock Split Details
Under the approved subdivision, each existing equity share with a face value of ₹10 will be split into 10 equity shares with a face value of ₹1 each.
This means shareholders will receive 10 shares for every 1 share held. While the number of shares increases, the overall investment value remains unchanged, as the share price adjusts proportionately.
Record Date and Eligibility
The record date determines which shareholders are eligible to receive the split shares.
Since March 26 is the record date, investors needed to purchase shares by March 25 to qualify for the stock split. Any shares bought on or after March 26 will not be eligible due to the T+1 settlement cycle in the equity markets.
Q3 FY26 Financial Performance
V2 Retail Ltd reported strong financial growth for the third quarter of FY26:
- Revenue rose to ₹929 crore, marking a 57% year-on-year increase
- Gross margin improved to 32.4% from 32.1% in the same quarter last year
- EBITDA stood at ₹173.7 crore, up 56% YoY
- EBITDA margin remained stable at 18.7%
- Profit After Tax (PAT) surged to ₹102.1 crore, nearly doubling from ₹51.2 crore, reflecting a 99% YoY growth
Notably, the company’s quarterly profit has already surpassed its full-year FY25 PAT, indicating strong operational momentum.
Implications for Investors
Stock splits are typically undertaken to improve trading liquidity and make shares more affordable for retail investors. The move by V2 Retail Ltd is expected to broaden investor participation while maintaining the company’s overall market capitalisation.
Summary
V2 Retail Ltd has set March 26, 2026, as the record date for its 10:1 stock split, where each ₹10 face value share will be subdivided into ten ₹1 shares. Investors needed to hold shares by March 25 to be eligible. The announcement comes alongside strong Q3 FY26 earnings, reflecting robust growth in revenue, profitability, and operational performance.
Disclaimer:
This article is intended solely for educational and informational purposes. The securities or companies mentioned are provided as examples and should not be considered as recommendations. Nothing contained herein constitutes personal financial advice or investment recommendations. Readers are advised to conduct their own research and consult a qualified financial advisor before making any investment decisions.
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