Novalum Materials Limited Split
Novalum Materials Limited has undergone 1 share splits since 29 Aug, 2023, with the most recent split in the ratio of 1:5 on 10 Jul, 2026. The face value of shares was adjusted from ₹10 to ₹2.
Last updated on 22 Oct, 2026 | 20:58 IST
Novalum Materials Limited Share Splits Details
Split Ratio | Face Value (Pre-Split)  | Face Value (Post-split) | Ex-Split Date | Record Date  | Announcement Date |
|---|---|---|---|---|---|
| 1:5 | 10 | 2 | 28-08-2026 | 28-08-2026 | 10-07-2026 |
*Disclaimer: The information listed is solely for research purposes and are not recommendations. Please conduct your own research before making any investment decisions.
FAQs
Should I invest in Novalum Materials Limited before or after a stock split?
Post-split stocks become more affordable as the price per share comes down. You can have a larger number of shares of Novalum Materials Limited with the same amount after a stock split compared to investing before the division of shares.
Will Novalum Materials Limited stock split impact dividend payouts?
A stock split increases the number of shares of Novalum Materials Limited, reducing the dividend per share proportionally, but your total dividend income remains unchanged.
Does Novalum Materials Limited stock split affect its market capitalization?
No, a stock split does not alter a company’s market capitalisation. It simply increases the number of shares of Novalum Materials Limited while reducing the price per share accordingly.
Has Novalum Materials Limited ever had a stock split?
Yes, Novalum Materials Limited had its last stock split on record date: 28-08-2026. The split ratio for this split was 1:5
What was the stock split ratio of Novalum Materials Limited in its last split?
The stock split ratio for Novalum Materials Limited in its last split was 1:5. This happened on record date: 28-08-2026