Gujarat Natural Resources Share Split: Face Value Reduced from ₹10 to ₹1
Gujarat Natural Resources Limited (GNRL) has announced a face value split of its equity shares, reducing the face value from ₹10 to ₹1 per share. The change will become effective from November 5, 2026, as per the National Stock Exchange (NSE) circular dated November 3, 2026.
The announcement marks a change in the company's share structure, with investors needing to take note of the revised face value and new ISIN.
Key Details
According to NSE Circular Reference No. 1992/2026, the following changes will apply to Gujarat Natural Resources Limited's equity shares:
- Company Name: Gujarat Natural Resources Limited
- Stock Symbol: GNRL
- Existing Face Value: ₹10 per share
- New Face Value: ₹1 per share
- Existing Paid-up Value: ₹10 per share
- New Paid-up Value: ₹1 per share
- New ISIN: INE207H01026
- Effective Date: November 5, 2026
What Does the GNRL Share Split Mean for Investors?
A face value split, also known as a stock split, involves dividing existing shares into multiple shares with a lower face value.
In the case of Gujarat Natural Resources Limited, the face value is being reduced from ₹10 to ₹1, representing a 1:10 subdivision.
This means that, subject to the applicable corporate action processing, an investor holding 100 shares before the split would hold 1,000 shares after the split.
However, the overall investment value does not automatically increase because of the split. The market price per share is generally adjusted proportionately to reflect the increased number of shares.
What Happens to the ISIN After the Share Split?
Along with the change in face value, Gujarat Natural Resources Limited will also have a new International Securities Identification Number (ISIN).
An ISIN is a unique identification number used to identify securities in the stock market. Investors may notice the updated ISIN in their demat account after the corporate action is processed.
What Should GNRL Shareholders Know?
Existing shareholders should keep the following points in mind:
- The face value of each equity share will change from ₹10 to ₹1.
- The number of shares held will increase in the 1:10 ratio, subject to eligibility under the corporate action.
- The market price will undergo a corresponding adjustment.
- The new ISIN will be applicable from the effective date of November 5, 2026.
- Investors should check their demat account for updated shareholding details after the corporate action is processed.
Conclusion
The Gujarat Natural Resources Limited share split will reduce the face value of its equity shares from ₹10 to ₹1, effective November 5, 2026. While the split increases the number of shares held by eligible investors, it does not independently create additional investment value.
Investors should track the corporate action and review the updated shareholding details in their demat accounts.
For more stock market updates, corporate actions, and investment-related insights, stay connected with Arihant Capital.
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