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The decision, taken at a board meeting on February 21, 2025, is subject to shareholder approval via postal ballot and necessary regulatory clearances.
The company stated that the stock split is intended to “enhance liquidity of the equity shares in the stock market and encourage wider participation of small investors by making shares more affordable.”
Following the stock split, the authorised share capital will increase from 5 crore equity shares of ₹10 each to 10 crore equity shares of ₹5 each. Similarly, the issued, subscribed, and paid-up share capital will rise from 4.09 crore shares to 8.18 crore shares.
The record date for the stock split will be decided once shareholder approval is secured, and the process is expected to be completed within three months.
Ahead of this announcement, shares of Ami Organics closed at ₹2,226.20 on the BSE. In the past year, Ami Organics has delivered over 105% returns to investors.
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