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Deepak Builders approves 1:10 stock split and boosts authorised share capital

Business
Published on 28 April 2026
Deepak Builders approves 1:10 stock split and boosts authorised share capital

Board also increases authorised capital to Rs 65 crore

Deepak Builders & Engineers has approved a 1:10 stock split and increased its authorised share capital to Rs 65 crore. The company says the changes are aimed at improving liquidity, making shares more accessible, and strengthening its capital base. Management also frames the move as support for future growth and greater investor participation.

  • Deepak Builders board approved a 1:10 stock split
  • Authorised share capital raised to Rs 65 crore
  • Goal is better liquidity and broader investor access
  • Company links the decision to future growth plans
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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