5:2 Stock Split Alert! Pondy Oxides & Chemicals Announces Record Date; Here's What Shareholders Should Know

Pondy Oxides & Chemicals Ltd shares are likely to remain on investors' radar after the company announced a key corporate development that could impact existing shareholders. The latest update is particularly important for shareholders planning their investments over the next few weeks, as eligibility for the corporate action will depend on a specific date fixed by the company.

5: 2 Stock Split Alert! Small-Cap Stock Pondy Oxides To Record This Month; Check Date

Pondy Oxides has fixed Tuesday, July 21, 2026, as the record date to determine the shareholders eligible for its approved 5:2 stock split. According to the company's regulatory filing, the Board of Directors has fixed July 21, 2026, as the record date to determine shareholders eligible for the stock split.

Under the approved corporate action, every two equity shares with a face value of Rs 5 each will be subdivided into five equity shares with a face value of Rs 2 each. The subdivision has already received shareholder approval through a postal ballot concluded on July 2, 2026.

Only investors holding Pondy Oxides shares as of the record date will be eligible to receive the additional shares arising from the split.

What the 5:2 Stock Split Means for Shareholders

A 5:2 stock split means shareholders will receive five equity shares of face value Rs 2 each for every two existing equity shares of face value Rs 5 each.

While the number of shares held by investors will increase after the split, the total value of their investment will remain unchanged immediately following the corporate action, as the market price adjusts proportionately.

Stock splits are commonly undertaken to improve trading liquidity and attract greater participation from retail investors by reducing the per-share trading price.

Pondy Oxides Share Price Performance

Pondy Oxides has delivered a strong performance over the past year. The company's market capitalisation currently stands at around Rs 4,356 crore. The stock touched its 52-week high of Rs 1,618.60 on May 14, 2026, and has rallied nearly 59% from its 52-week low of Rs 903 recorded on July 7, 2025, reflecting sustained investor interest.

From a technical perspective, the stock continues to display positive momentum.

The Relative Strength Index (RSI) stands at 61.3, indicating that the stock is trading in neutral territory and is neither overbought nor oversold. Pondy Oxides shares are also trading above their 5-day, 10-day, 20-day, 30-day, 50-day, 100-day, 150-day and 200-day moving averages, suggesting that the broader trend remains bullish.

Pondy Oxides To Record Second Stock Split in Less Than Two Years

This is the second stock split undertaken by the company in recent years. Earlier, Pondy Oxides had carried out a 2-for-1 stock split on October 16, 2024, reducing the face value of each equity share from Rs 10 to Rs 5.

With the latest subdivision, the face value will be further reduced from Rs 5 to Rs 2, while proportionately increasing the number of shares held by eligible investors.

About Pondy Oxides & Chemicals

Pondy Oxides & Chemicals Ltd is engaged in the recycling and processing of non-ferrous metals. The company converts various forms of lead, aluminium and copper scrap into lead metal, aluminium metal, copper and copper alloys, catering to industries across domestic and international markets.

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