A B Infrabuild Limited has informed the Exchange that the Board of Directors at its meeting held on August 30, 2025, has considered and approved subdivision of 63878936 equity shares of 10 each into 638789360 equity shares of 1 each.
ABINFRA · price
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The Board of Directors of A B Infrabuild Limited, at its meeting held on August 30, 2025, approved the sub-division of 1 equity share of face value Rs. 10 into 10 equity shares of face value Re. 1 each, subject to shareholder approval at the 15th AGM. The company's issued and paid-up share capital will increase from 6,38,78,936 shares to 63,87,89,360 shares, while the total value remains unchanged at Rs. 63,87,89,360. The record date for the split will be announced after receiving shareholder approval, and the process is expected to be completed within 3 months. The company stated the rationale is to make shares more affordable for retail investors and improve liquidity. The Board also approved consequential amendments to the Capital Clause of the Memorandum of Association and the draft notice for the 15th AGM.
This 10:1 stock split will reduce the per-share price, making the stock more accessible to retail investors and potentially improving liquidity and trading volumes. Short-term price adjustment is expected as the market price will mechanically adjust, but no change in the company's overall value.