Manbro Industries Considers Stock Split with Record Date Set for March 25, 2026

Manbro Industries, a small-cap company, set March 10 as the record date reference point. The board decision relates to a proposed stock split, subject to shareholder approval. On BSE, the share traded at Rs 829.95 on Friday, March 13. The price was up 2.46% from the previous close.

During the session, Manbro Industries Ltd. opened at Rs 810.00 and moved within a wide band. The intraday low stood at Rs 800.00, while the high reached Rs 834.95. The company’s market capitalisation was about Rs 481.46 crore. This places the stock in the small-cap segment.

"This is with reference to our letter dated February 09, 2026, wherein, we had informed about the recommendation of the Board of Directors on the following, subject to the approval of the shareholders: a) Sub-division of 1 (one) equity share of face value of Rs 10/- each fully paid-up into 10 (ten) equity shares of face value of Re. 1 each fully paid-up; and Pursuant to Regulation 42 of the SEBI Listing Regulations, 2015, we wish to inform you that the Company has fixed Wednesday, March 25, 2026, as the 'Record Date' for the purpose of determining the members, eligible for the sub-division of existing equity shares of the Company," confirmed Manbro Industries in a regulatory statement.

The stock stayed near peak levels over the past year. It hit a 52-week high of Rs 852.45 on March 13, 2025. The 52-week low was Rs 363.85 on December 11, 2025. At Rs 829.95, the share was 2.64% below the 52-week high. From the low, it rose nearly 128%.

Metric	Value
Last traded price	Rs 829.95
Day open	Rs 810.00
Day low	Rs 800.00
Day high	Rs 834.95
52-week high	Rs 852.45
52-week low	Rs 363.85
Market capitalisation	Rs 481.46 crore

"In order to provide enhanced liquidity to the Company's equity shares in the stock market, to widen shareholder base and to make it more affordable/ accessible for small investors in the Stock Market, it is proposed to sub-divide each equity share of face value of Rs 10/- into Ten equity shares of face value of Re. 1/- each pursuant to the provisions of Section 61(1) (d) of the Companies Act, 2013 ("the Act"), the rules made thereunder and other applicable provisions. The proposed sub-division (stock split) of shares will not have any effect/result on the voting percentage/rights of any shareholders of the Company. The Company has proposed the sub-division of the equity shares is in the best interest of the Company and its investors. There will not be any change in the amount of authorized, subscribed and paid-up share capital of the Company consequent upon sub-division of equity shares," Manbro Industries informed the stock exchanges on 9th March.

Manbro Industries stock split target price

"Manbro Industries right now is on a crazy run recently, shooting up from Rs. 450 in the last quarter all the way to Rs 850 in the current quarter. Today, it is hovering at RSI of 60 and above all major moving averages. It is trading at a massive valuation compared to its actual earnings. For a fresh trade, wait for Rs.700 to Rs.710 levels. Buy with stop loss of Rs.600 and for the target of Rs.840," commented Market Wizard's Adib Noorani.

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Manbro Industries kept investor focus due to the proposed sub-division and strong price performance. The company set Wednesday, March 25, 2026, as the record date for eligibility. Trading data showed the stock stayed close to its 52-week high. The firm also stated the split does not change voting rights. Market commentary highlighted specific entry, stop loss, and target levels.