Deepak Builders and Engineers India Ltd
Deepak Builders stock split 1:10, authorised capital raised to Rs. 65 Crore
SPLIT
◆ Monitor Closely
LOW RISK
📅 Filed on BSE: 28 Apr 2026, 05:18 PM IST · BSE ID: b9743cda-dc25-4496-afe9-498335ed437d
View Original BSE Filing (PDF)
💡
In Simple Terms
The company's board approved splitting each share into 10 smaller shares and increasing authorized capital. Shareholders must vote to approve.
🤖 AI Summary
- Board approved 1:10 stock split — each Re. 1 share split into 10 shares of Re. 1 each
- Authorised capital raised from Rs. 55 Crore to Rs. 65 Crore post-split, with MOA amendment
- Both approvals subject to shareholder postal ballot — not yet effective
- Meeting held 28 April 2026, 3:45 PM — 45 minutes via video conference
🔢 Key Numbers — exact figures from BSE filing, not rounded
Stock split ratio
1:10 (1 share of Re. 1 split into 10 shares of Re. 1 each)
Authorised capital increase
Rs. 55 Crore to Rs. 65 Crore post-split
Board meeting date
28 April 2026, 3:45 PM — 4:30 PM
🏢 How This Affects the Company
Authorised share capital increases by Rs. 10 Crore post-split, providing expansion headroom for future equity issuance or employee schemes without further board/shareholder approval.
👥 What This Means For Shareholders
✅
Action Required
Participate in postal ballot voting if eligible. Watch for postal ballot result announcement and record date intimation post-approval.
👤
Who Is Affected
All equity shareholders as on postal ballot record date will receive 9 additional shares per existing share held, subject to approval. Share count increases 10x; face value reduces proportionally.
🔍
Management Signal
Management seeks improved retail accessibility through lower nominal price and positions company for future capital raising or employee incentive schemes within higher authorised limits.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Postal ballot result announcement — check for shareholder approval confirmation within 30 days
Record date intimation — watch for ex-date and record date announcement post-approval
Stock split effective date — track when new shares credited to demat accounts
LOW RISK
Stock split is routine capital management action. Risk limited to postal ballot rejection, which is uncommon for such routine approvals.
💡 Investor Takeaway
Board approved 1:10 stock split and Rs. 10 Crore authorised capital increase to Rs. 65 Crore, effective post-split. Both pending shareholder postal ballot. Actual record date and ex-date await approval confirmation and regulatory processing.
⚖️ Strengths & Concerns
✅ Positives
- Increased authorised capital by Rs. 10 Crore post-split provides flexibility for future fundraising or ESOP schemes without regulatory delays.
⚠️ Concerns
- Stock split and capital increase remain conditional on shareholder postal ballot approval — not yet effective as of filing date.
📅 Company Track Record
Company incorporated 2017 (CIN L45309DL2017PLC323467). No prior BSE filing history provided. First capital structuring disclosure on public record.
Based on publicly available historical data. For context only.