The Board of Director has fixed October 17, 2025 as the record date for determining the eligibility of Shareholders to receive the consolidated equity shares of Rs. 10/- each (fully paid-up) ....
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The Board of Directors of Synthiko Foils Limited (BSE Scrip Code: 513307) has fixed October 17, 2025 as the Record Date for a share consolidation. Every 2 existing equity shares of Rs. 5 each (fully paid-up) will be consolidated into 1 equity share of Rs. 10 each (fully paid-up). The total paid-up capital value remains unchanged; only the number of outstanding shares will be halved and the face value doubled. Shareholders holding an odd number of shares (not in multiples of 2) will need a separate arrangement for the fractional entitlement. The company filed this disclosure with BSE under Regulation 42 of SEBI LODR.
This is largely a cosmetic/capital-structure change — total market value should stay the same, but the per-share price should theoretically double from the ex-date. Shareholders with odd lots may face fractional share settlement. No direct cash benefit or dilution; sentiment impact is typically neutral.