Waterways Leisure shareholders approve 1:10 share split; record date Aug 26
Waterways Leisure Tourism Limited secured shareholder approval for a 1:10 share split via postal ballot on August 12, 2026. With a record date set for August 26, 2026, the move increases the share count to over 723 million without altering the ₹723.95 million paid-up capital. The action aligns with the company's growth phase, including upcoming fleet additions in 2026 and 2027.
*this image is generated using AI for illustrative purposes only.
Waterways Leisure Tourism Limited shareholders have approved the sub-division of its equity shares in a 1:10 ratio through an Ordinary Resolution passed via postal ballot on August 12, 2026. The company has fixed August 26, 2026, as the record date to determine shareholder eligibility for receiving the subdivided shares.
Under the approved proposal, each existing equity share with a face value of ₹10 will be split into ten equity shares with a face value of ₹1 each. This corporate action aims to enhance accessibility for retail investors and improve liquidity in the secondary market. The company's total paid-up share capital will remain unchanged at ₹723.95 million, while the number of equity shares will increase from 7,23,94,543 to 72,39,45,430.
Key Details
| Metric | Detail |
|---|---|
| Record Date | August 26, 2026 |
| Split Ratio | 1:10 |
| Old Face Value | ₹10 |
| New Face Value | ₹1 |
| Approval Date | August 12, 2026 |
| Total Paid-up Capital | ₹723.95 million |
| Pre-split Shares | 7,23,94,543 |
| Post-split Shares | 72,39,45,430 |
The disclosure was made pursuant to Regulation 30 and Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Ankit Satish Shah, Company Secretary, signed the intimation letter addressed to the listing departments of BSE Limited and National Stock Exchange of India Limited.
Jurgen Bailom, Chairman of the Board, Executive Director and CEO, stated that the approval marks a milestone in building a more accessible listed company. He emphasized the commitment to supporting greater liquidity and engagement in equity as the company expands its fleet. Waterways Leisure currently operates the Empress cruise and plans to add the Sky vessel in October 2026 and the Sun in November 2027.
Historical Stock Returns for Waterways Leisure Tourism
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.99% | +0.71% | -3.39% | +2.17% | +2.17% | +2.17% |
How might the increased liquidity from the 1:10 stock split influence Waterways Leisure's valuation multiples compared to other cruise operators in the Indian market?
What is the projected impact on the company's cash flow and debt servicing capacity as it prepares to integrate the 'Sky' vessel in October 2026?
Will the enhanced retail investor base resulting from the lower face value shares lead to greater volatility or stability in the stock's trading patterns?
20
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
