India Glycols Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
INDIAGLYCO · price
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India Glycols Limited has informed the exchanges that its Board of Directors will meet on Friday, 30th May 2025 to consider a proposal to sub-divide/split the company's existing equity shares, which currently have a face value of Rs. 10 each. The exact ratio and manner of the split will be determined by the Board, and the proposal is subject to approval from the company's shareholders. The trading window for designated persons has been closed from 28th May 2025 to 1st June 2025 in line with insider trading regulations. The company has also hosted this information on its official website.
If approved by shareholders, the stock split will reduce the face value per share, making the stock more affordable for retail investors and likely improving liquidity and trading volumes. Share price typically adjusts downward proportionally on the effective date, with no change in total holdings value.