Agi Infra Limited has informed the Exchange regarding Board meeting held on August 04, 2025.
AGIIL · price
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Agi Infra Limited's board, at its meeting on August 4, 2025, approved splitting each equity share of face value Rs. 5 into 5 equity shares of face value Re. 1 each, subject to shareholder approval through a postal ballot. The issued and paid-up share capital will remain unchanged at Rs. 12.22 crore, but the number of shares will rise from about 2.44 crore to about 12.22 crore, while authorised capital stays at Rs. 15 crore (15 crore shares of Re. 1). The board also approved amending the Capital Clause (Clause 5) of the Memorandum of Association, approved the postal ballot notice, and appointed Mr. Madan Lal Arora of M/s M.L. Arora & Associates as scrutiniser. The company cited the rationale of improving liquidity and making shares more affordable for retail investors. The record date for the split will be decided after shareholders approve the proposal.
If approved, each shareholder will simply hold 5 shares of Re. 1 face value in place of every 1 share of Rs. 5 face value, with no change in total investment value. The lower per-share price post-split is intended to boost liquidity and broaden retail participation, which may support trading volumes on NSE/BSE once the split is effective.