Agi Infra Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company.
AGIIL · price
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Agi Infra Limited's board, at its meeting on August 4, 2025, approved a sub-division/split of equity shares in the ratio of 1:5. Each existing equity share with a face value of Rs. 5 will be split into 5 equity shares of Re. 1 each, fully paid-up. The paid-up equity share capital will move from 2,44,33,440 shares of Rs. 5 (totalling Rs. 12.22 crore) to 12,21,67,200 shares of Re. 1 (same total value). The authorized share capital of Rs. 15 crore will be reclassified into 15 crore shares of Re. 1 each, requiring an amendment to the Capital Clause of the MOA. The split is subject to shareholder approval through a postal ballot, and Mr. Madan Lal Arora has been appointed as scrutinizer. The stated rationale is to improve share liquidity and make the stock more affordable for retail investors.
If approved, the stock split will lower the per-share price and increase the number of shares outstanding fivefold, which typically improves liquidity and broadens retail participation. No change in total market value or underlying fundamentals — purely a cosmetic adjustment pending shareholder nod via postal ballot.