Archive · 1 Oct 2026
Four Small-Cap Stocks Set October 2026 Split Dates
A stock split turns one expensive share into several cheaper shares.
The total value of an investor’s holding does not automatically change because of the split.
Four small-cap companies have record dates in October 2026.
BLS E-Services will make two shares from each existing share.
Shankara Buildpro and Bansal Wire Industries will make five shares from each share.
JSW Dulux will make ten shares from each share.
BLS E-Services and Shankara Buildpro reported higher sales and profits in their latest results.
Bansal Wire Industries and JSW Dulux reported lower profits, showing that the companies’ business performance is mixed.
BLS E-Services will split each ₹10 share into two ₹5 shares, with October 6, 2026 as the record date.
Shankara Buildpro will split each ₹10 share into five ₹2 shares on an October 8, 2026 record date.
Bansal Wire Industries approved a 1:5 split, with its record date set for October 16, 2026.
JSW Dulux will subdivide each ₹10 share into ten ₹1 shares, with October 22, 2026 as the record date.
The companies reported mixed performance, including strong growth at BLS E-Services and Shankara Buildpro but profit declines at Bansal Wire and JSW Dulux.
- Who
- BLS E-Services, Shankara Buildpro, Bansal Wire Industries and JSW Dulux.
- What
- The four companies announced or approved stock splits with record dates in October 2026.
- When
- The record dates are October 6, October 8, October 16 and October 22, 2026.
- Where
- The companies operate in India; Shankara Buildpro is based in Bengaluru.
- Why
- The shares are being subdivided into more shares with lower face values; the articles do not provide a specific rationale for each split.
Potentially positive signals
Risks and cautions
Business performance
Potentially positive signals
BLS E-Services and Shankara Buildpro reported year-on-year increases in revenue and profit, while BLS also recorded gains over three, six and twelve months.
Risks and cautions
Bansal Wire Industries reported sharply lower profit because of higher input and supply-chain costs, while JSW Dulux reported declines in revenue and net profit.
Meaning of the split
Potentially positive signals
Lower face values and potentially lower per-share prices can make shares easier for investors to track and trade.
Risks and cautions
The split itself does not change a company’s overall market capitalisation or automatically create value for shareholders.
- BLS E-Services
- 1:2 split; October 6, 2026 record date; June-quarter net sales were ₹3,041 million and profit after tax was ₹186 million.
- Shankara Buildpro
- 1:5 split; October 8, 2026 record date; Q1 FY27 revenue rose 20.51% year-on-year to ₹1,889.79 crore.
- Bansal Wire Industries
- 1:5 split; October 16, 2026 record date; first-quarter profit after tax fell 47.9% year-on-year to ₹20.46 crore.
- JSW Dulux
- 1:10 split; October 22, 2026 record date; consolidated June-quarter net profit fell 12.4% year-on-year to ₹79.7 crore.
- Market-capitalisation effect
- A stock split increases the number of shares and reduces face value and share price proportionately, without by itself changing overall market capitalisation.
- Recent share performance
- BLS E-Services gained 75% over one year, while Bansal Wire Industries fell 6% and JSW Dulux fell 10%; Shankara Buildpro’s one-year performance was not stated.