Corporate Action Alert By Penny Stock: Record Date Locked For 1:10 Stock Split; New ISIN Goes Live

Following the subdivision of its equity shares, Fynx Capital Limited (previously Rajath Finance Limited) announced the activation of a new ISIN. A major phase in the company's capital restructuring process, the corporate action lowers the face value of its equity shares from Rs. 10 to Rs. 1 with effect from the record date.

The company had earlier fixed February 25, 2026, as the record date for the subdivision of its equity shares. As per the approved corporate action, the face value of each equity share has been split from Rs. 10 per share to Rs. 1 per share. This effectively means that every one equity share of Rs. 10 face value held by shareholders will now be subdivided into ten equity shares of Rs. 1 each.

The fully paid-up equity shares with a face value of Rs. 1 each have been issued a new ISIN, INE455H01021, in accordance with the subdivision. National Securities Depository Limited (NSDL) activated the new ISIN, and Central Depository Services (India) Limited (CDSL) then made it operational in its system.

On February 16, 2026, NSDL confirmed in a letter that the ISIN INE455H01021 had been activated for fully paid-up equity shares following subdivision. MUFG Intime India Private Limited is the company's registrar and transfer agent. The aforementioned ISIN has since been made active in CDSL's system, allowing for the smooth credit and trading of the subdivided shares in demat form, the company confirmed in a statement dated February 17, 2026.

With the activation of the new ISIN, the subdivision process moves closer to completion, ensuring that shareholders will receive the revised number of shares in accordance with the approved split ratio.

Fynx Capital Target Price

"Fynx Capital stock price is bearish on the Daily charts with strong resistance at 70.8. A Daily close below support of 66 could lead to a target of 60.4 in the near term," commented A R Ramachandran, part-time SEBI-registered Research Analyst, Tips2trades.

Fynx Capital Share Price Trend

As of February 18, 2026, Fynx Capital Ltd (BSE: 507962) is trading at Rs 67.79. With a 2% decline from the previous close, the stock was stuck in a lower circuit limit. The firm has produced multibagger returns of over 366% over the last year, despite current downward pressure. The market capitalization of Fynx Capital, a micro-cap Non-Banking Financial Company (NBFC), is around Rs 135.58 crore.

Extreme volatility is seen in the stock's 52-week range, which goes from a low of Rs 14.52 to a high of Rs 76.56. A negative Return on Equity (ROE) of -14.60% and a negative Return on Capital Employed (ROCE) of -18.96% indicate Fynx Capital's poor capital efficiency from a performance perspective. A 1:10 stock split, which will lower the face value of shares from Rs 10 to Rs 1, is a significant upcoming corporate action. The split's record date is slated for February 25, 2026, which means the stock will continue to be in focus in the following sessions.

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