Intimation of alteration in the capital clause of the Memorandum of Association
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Gautam Exim Ltd has announced a stock split where the face value of equity shares will be subdivided from Rs. 10/- each to Rs. 5/- each. The company also increased its Authorized Share Capital from Rs. 5 crore to Rs. 13 crore. Following the split, the number of shares will increase from 50 lakh to 2.60 crore. The company stated the reason for these changes is to facilitate the sub-division of shares and subsequent issue of bonus shares. These resolutions were approved by shareholders in an Extra Ordinary General Meeting held on April 30, 2026.
The stock split will make shares more affordable for retail investors by doubling the number of shares while halving the per-share price. The planned bonus issue, if announced separately, could further impact shareholder returns. The significant capital increase suggests potential future capital-raising activities.