Quantum Nifty 50 ETF (QNIFTY) board has announced a 10:1 stock split, reducing the face value of its units from 10 to 1. Unitholders will receive ten units for every one unit they hold. The record date for this stock split is 13 Feb 2026. You can check the announcement from the company here.
Stock Split Details
Company: Quantum Nifty 50 ETF (QNIFTY)
Split Ratio: 10:1
Record Date: February 13, 2026
Ex-Date: February 13, 2026
Eligibility: Shareholders holding or buying shares on or before the cum-date (February 12, 2026)
Credit Timeline: Within 2–3 trading days from the record date (February 13, 2026)
What is a Stock Split? Definition, examples & impact
Stock splits are corporate actions where the number of shares held increases but the face value of each share reduces. It is done to improve liquidity. Total investment remains the same.
A stock split is when a company increases the number of shares by reducing the face value per share.
What does the 10:1 stock split mean for Quantum Nifty 50 ETF?
Each unit with a face value of 10 will be subdivided into units with a face value of 1. For every 1 unit held, unitholders will receive 10 units, effectively increasing the number of units by ten times.
Example:
Before Split: 100 units at 2,826 each = 2,82,600
After Split: 1,000 units at 282.6 each = 2,82,600
The total investment value remains the same. Only the number of units and the price per unit change proportionately.
Also, we adjust the OHLC data and charts on Kite for corporate actions like bonuses, stock splits, and rights issues. We’ve explained it here .
Who is eligible to receive the split shares?
Unitholders who hold or purchase units of Quantum Nifty 50 ETF on or before the cum-date (12 Feb 2026) will be eligible to receive the split units. To qualify, the units must be credited to your demat account by the record date (13 Feb 2026).
How long does it take for the split shares to reflect?
When a stock undergoes a split, it takes up to 2–3 working days from the ex-date or record date for the new shares to be credited to the demat account. During this period, the shares may not be visible in your holdings.
The P&L may show a temporary dip in profits or an increase in losses until the updated shares are credited. This will automatically adjust once the holdings are updated.
You can refer to all current and upcoming corporate actions on this list (DOC).
Can I sell my shares before the split shares are credited?
Yes, you can sell your shares even before the split shares are credited to your demat account. Any shares sold will be adjusted for the stock split, and the remaining entitlement will be credited within 2–3 working days after the record date. There will be no impact on your P&L.
What happens if a stock split results in fractional shares?
If a stock split results in fractional shares, these cannot be traded in the market. The company appoints a trustee to buy back the fractional entitlement, and the proceeds are credited to the shareholder’s primary bank account, typically within 45 days.
For example:
If a unitholder holds 7 units and the company announces a 10:1 stock split, the entitlement becomes 70 units.
If a unitholder holds 7.35 units, the entitlement becomes 73.5 units. The unitholder will receive 73 units, and the fractional 0.5 unit will be settled in cash.