Six small-cap companies have announced share subdivisions with record dates falling in October 2026. According to reports from LiveMint, these include BLS E-Services, Shankara Buildpro, Bansal Wire Industries, JSW Dulux and Tembo Global Industries. The latest addition is Gujarat Inject (Kerala), which has joined the group with its own stock split announcement. Each split adjusts share counts and face values, while company financials reflect varied growth amid challenges like rising input costs and market conditions. A stock split involves dividing an existing equity share into a larger number of shares with a lower face value, with the number of shares held by an investor increasing according to the split ratio.
BLS E-Services has announced a 1:2 stock split, under which each existing fully paid-up equity share with a face value of ₹10 will be divided into two equity shares with a face value of ₹5 each. As reported by LiveMint, the company has fixed October 6, 2026 as the record date to determine eligible shareholders. The Haryana-headquartered IT company has also announced a final dividend of ₹0.50 per equity share with the same face value. The stock has delivered exceptional returns, gaining 56% in 2026 and closing at ₹322.05 with a market capitalisation of ₹2,926.03 crore. The company reported net sales of ₹3,041 million in the June 2026 quarter, compared with ₹2,440 million in the same quarter last year, with profit after tax increasing to ₹186 million from ₹175 million a year earlier.
Gujarat Inject (Kerala) has announced a 10:1 stock split with effect from July 8, 2026, under which each share with a face value of ₹10 has been divided into 10 shares with a face value of ₹1 each. As reported by Choice, the company declared this split to improve share liquidity and affordability for investors. The split was announced on August 6, 2026 with a record date of October 6, 2026. This brings the total number of companies with October 2026 record dates to six, demonstrating the current trend of stock splits among small-cap companies.
Shankara Buildpro has announced a 1:5 stock split, meaning each existing equity share with a face value of ₹10 will be subdivided into five shares with a face value of ₹2 each. According to LiveMint, the record date has been set for October 8, 2026. The company's revenue increased 20.51% year-on-year to ₹1,889.79 crore in Q1 FY27 from ₹1,568.14 crore in the year-ago quarter. Operating income rose 13.84% to ₹57.74 crore, while net income increased 11.04% to ₹35.61 crore.
Bansal Wire Industries' board has approved a 1:5 stock split, with each existing equity share with a face value of ₹5 will be divided into five equity shares with a face value of ₹1 each. As reported by LiveMint, the record date is October 16, 2026. The company reported a 47.9% year-on-year decline in net profit in the first quarter despite revenue growing 24.4%. Revenue from operations reached ₹1,167.89 crore, supported by strong sales volumes and operational expansion. Higher input costs weighed heavily on profitability, with profit after tax falling to ₹20.46 crore and net profit margin contracting to 1.75%.
JSW Dulux has fixed October 22, 2026 as the record date for its proposed 1:10 stock split, under which each fully paid-up equity share with a face value of ₹10 will be subdivided into 10 shares with a face value of Re 1 each. According to LiveMint, the split follows JSW Paints' acquisition of a 60.76% stake in Akzo Nobel India in December 2025. For the quarter ended June, JSW Dulux reported a 12.4% year-on-year decline in consolidated net profit to ₹79.7 crore. Revenue from operations fell 2.82% year-on-year to ₹965 crore from ₹993.1 crore.
