This Electrical Equipments Company Announces Revised Record Date for 1:5 Stock Split

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This Electrical Equipments Company Announces Revised Record Date for 1:5 Stock Split

Hindusthan Insulators & Industries Ltd has announced a revision to its scheduled stock split timetable, shifting the Record Date from February 27, 2026, to Friday, March 13, 2026.

Hindusthan Insulators & Industries Ltd has announced a revision to its scheduled stock split timetable, shifting the Record Date from February 27, 2026, to Friday, March 13, 2026. This adjustment, approved by the Board of Directors via a circular resolution on February 19, aims to synchronise the share subdivision with the company’s pending name change and the completion of necessary regulatory approvals from stock exchanges and depositories.

Under the proposed corporate action, the capital clause of the Memorandum of Association will be altered to facilitate a 1:5 stock split, where each existing equity share with a face value of Rs 10 will be subdivided into five equity shares with a face value of Rs 2 each. These new shares will rank pari-passu in all respects, and the revised March date will now serve as the cutoff for determining shareholder eligibility for the split in compliance with SEBI Listing Regulations.

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About the Company

Incorporated in 1959, Hindusthan Insulators & Industries Limited (formerly known as Hindusthan Urban Infrastructure Limited) is a diversified industrial entity specialising in the manufacture and sale of electrical conductors and insulator products, alongside a strategic presence in Real Estate and speciality chemicals. As of February 13, 2026, the company officially transitioned to its new name following approval from the Registrar of Companies (MCA), reflecting a core focus on its Power Division, which produces high-tension electro-porcelain insulators and an extensive range of overhead conductors, including ACSR, AAAC, and high-performance AL59 series.

Beyond its primary electrical infrastructure segment, the company operates a Performance Polymers Division through its material subsidiary, Hindusthan Speciality Chemicals Limited (HSCL), providing epoxy resins and specialised formulated systems, while maintaining a real estate portfolio centred on its rental property in Faridabad and a segment dedicated to investment activities.

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Disclaimer: The article is for informational purposes only and not investment advice.