Decision of Board of Directors not to recommend the Splitting of Equity share Capital of the Company
BALMLAWRIE · price
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The Board of Directors of Balmer Lawrie & Company Ltd, a Government of India Enterprise (CPSE), decided not to recommend splitting of equity share capital at its adjourned meeting on 17th May 2026. The board deliberated on compliance with the Ministry of Finance's Consolidated Guidelines on Capital Restructuring of CPSEs dated 18th November 2024. This decision means there will be no change in the face value or number of equity shares at this time. The meeting resumed at 11:30 a.m. and concluded in the evening.
No immediate impact on shareholders as the stock split will not take place. The share's face value and overall capital structure will remain unchanged, which may disappoint retail investors anticipating improved affordability through a split.