Board approves 1:10 stock split; EGM on October 22, 2026
BNAGROCHEM · price
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The board approved a 1:10 stock split, sub-dividing each Rs 10 equity share into 10 shares of Rs 1 each, subject to shareholder approval at the EGM on October 22, 2026. The aim is to improve liquidity and make shares more affordable for retail investors. Paid-up capital stays at about Rs 97.77 crore across 97.77 crore shares post-split. The board also approved a Rs 10 crore corporate guarantee for related party B.N. Agritech from Godrej Finance.
Stock split should lift liquidity and lower per-share price, making it more accessible to retail investors. No change in total company value.