Agi Infra Limited has informed the Exchange regarding Notice of Postal Ballot
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AGI Infra Limited has issued a Postal Ballot Notice to its shareholders seeking approval for two key items. The first is a stock split/sub-division of equity shares from a face value of Rs. 5/- to Re. 1/- each, which means every 1 existing share will become 5 shares. As a result, the issued share count will rise from 2,44,33,440 shares to 12,21,67,200 shares, while the total paid-up capital stays unchanged at Rs. 12.21 crore. The second item is a corresponding amendment to Clause 5 of the Memorandum of Association to reflect the new authorised capital structure of 15 crore equity shares of Re. 1/- each (total Rs. 15 crore). The company says the move is aimed at improving share liquidity, widening the shareholder base, and making the stock more affordable for retail investors. Voting opens on August 11, 2025 and closes on September 9, 2025 via NSDL's e-voting platform, with results to be announced by September 11, 2025.
If approved, shareholders will automatically receive 5 shares of Re. 1/- for every 1 share of Rs. 5/- they currently hold — the total value of their investment remains the same. A lower face value typically makes the stock more accessible to small retail investors and can boost trading liquidity, which may be positive for the stock over time.