Amendment in Capital Clause of Memorandum of Association of Fynx Capital Limited.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Fynx Capital Ltd announced that shareholders have approved a stock split at an Extraordinary General Meeting held on December 11, 2025. Each equity share with a face value of Rs. 10 will be sub-divided into 10 equity shares of Rs. 1 each (a 10:1 split). The total authorised share capital remains unchanged at Rs. 25 crore, but the number of authorised shares will increase from 2.5 crore to 25 crore. The company has accordingly amended Clause V of its Memorandum of Association to reflect the new face value. The split is intended to make the shares more affordable and improve liquidity for investors.
The stock split will reduce the per-share price by roughly 90% (proportionally) and increase the number of shares held by each investor by 10x. Total investment value remains unchanged, but lower ticket size may improve trading liquidity and attract more retail participation.