1. Sub-division of Equity Shares Approved sub-division of Equity Shares from Rs.10 face value into Rs.5 face value, subject to shareholders approval. 2. Increase in Authorised Share Capital Approved ....
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Gautam Exim's board, meeting on 28 March 2026, approved a sub-division (stock split) of equity shares from face value Rs.10 to Rs.5, effectively a 1-for-2 split, subject to shareholder approval. Post-split, authorised shares rise to 1,00,00,000 and paid-up shares to around 21,62,000 (total paid-up capital remains ~Rs.3.08 crore). The board also approved raising authorised share capital from Rs.5 crore to Rs.13 crore to accommodate a bonus issue. In addition, a bonus issue of 3 equity shares for every 1 share held (3:1 ratio, post-split basis) was approved, to be funded by capitalisation of free reserves/securities premium. An EGM has been scheduled to seek shareholder approval for the split, capital hike, MOA alteration and bonus issue, with the record date to be announced later.
This is a significant value-unlock event for shareholders — a stock split improves liquidity while the 3:1 bonus issue effectively quadruples the share count and is typically seen as a positive signal, though it does not change the underlying value of holdings. Expect higher trading activity and short-term price adjustment on the ex-date; shareholders should watch for the EGM and record date announcements.