Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the company has fixed Tuesday, 26th May 2026 as the ....
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IB Infotech Enterprises Limited has fixed Tuesday, 26th May 2026 as the Record Date for a sub-division (split) of its equity shares. Each existing equity share with a face value of Rs. 10/- will be subdivided into 10 equity shares with a face value of Re. 1/- each, fully paid-up. The split was approved by equity shareholders via Postal Ballot on 6th May 2026. The company is listed on BSE with Scrip Code 519463.
The stock split reduces the per-share face value from Rs. 10 to Re. 1, effectively increasing the number of shares tenfold. This typically lowers the stock's absolute price per share, improving liquidity and making it more accessible to retail investors, while the total market capitalisation remains unchanged.