Please find attached outcome of the board meeting dated September 4, 2025.
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The Board of Directors of Synthiko Foils Limited met on September 4, 2025, and approved multiple items. It appointed HSPN & Associates LLP as Secretarial Auditor for FY 2025-26, Dhirubhai Shah & Co LLP as Internal Auditor for FY 2025-26, and Mehra Goel and Company as Statutory Auditor for a 5-year term spanning the 40th to 45th AGM (up to 2030), subject to shareholder approval. The Board also approved shifting the registered office from the jurisdiction of ROC Mumbai to ROC Pune within Maharashtra. Additionally, it approved a 2:1 share consolidation — every 2 equity shares of Rs. 5 face value will be merged into 1 equity share of Rs. 10 face value, pending member and regulatory approvals.
These are largely routine governance and housekeeping actions. The share consolidation halves the number of outstanding shares and doubles the per-share face value, but does not change total market value or any shareholder's percentage ownership. It may modestly improve the stock's trading perception and attract institutional interest.