IB Infotech Enterprises Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 31/03/2026 ,inter alia, to consider and approve To consider and approve ....
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IB Infotech Enterprises has informed BSE that its Board of Directors will meet on Tuesday, March 31, 2026. The main item on the agenda is a proposal to sub-divide or split the company's existing equity shares, which currently have a face value of Rs. 10 each. The split is subject to shareholder approval and other regulatory clearances. The trading window for insiders has been closed from the date of this intimation until 48 hours after the board meeting outcome is declared. The company is a small Mumbai-based entity listed under scrip code 519463.
If the stock split is approved by shareholders, it will reduce the face value per share and lower the per-share price, making the stock more affordable and potentially boosting liquidity and retail participation. Short-term stock price movement may occur on the announcement and approval news.