Further to our intimation dated 28th April, 2025 and pursuant to Regulation 30 read with Schedule III of the Listing Regulations, this is to hereby inform that the Board of Directors at its Meeting held on 15th May, 2025 had looked into and analysed/deliberated with respect to the compliance of Consolidated Guidelines on general principles and mechanism for Capital Restructuring of CPSEs bearing Office Memorandum no. F.No. 5/2/2016-Policy dated 18th November, 2024 issued by Ministry of Finance, Department of Investment and Public Asset Management and has decided not to recommend the Splitting of Equity Share Capital of the Company.
BALMLAWRIE · price
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Balmer Lawrie, a Government of India enterprise, informed stock exchanges that its Board of Directors met on 15th May 2025 and reviewed the government's Consolidated Guidelines on capital restructuring for Central Public Sector Enterprises (CPSEs) issued by the Ministry of Finance in November 2024. After analysing these guidelines, the Board decided not to recommend a split of the company's equity share capital. This follows an earlier intimation dated 28th April 2025 on the same matter. No other capital restructuring action (such as bonus, buyback, or rights issue) has been announced.
Shareholders will not see a stock split, so the current share price and lot size remain unchanged. This is broadly neutral for existing investors but removes the possibility of improved liquidity from a lower per-share price.