India Glycols Limited has informed the Exchange that the Board of Directors at its meeting held on May 30, 2025, has considered and approved subdivision of 1 equity shares of Rs. 10 each into 2 equity shares of Rs. 5 each.
INDIAGLYCO · price
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India Glycols Limited's Board of Directors, at its meeting on May 30, 2025, approved the subdivision of 1 equity share of face value Rs. 10 into 2 equity shares of face value Rs. 5 each. This means each existing share will be split into two shares, doubling the number of shares held by investors while proportionally reducing the per-share price. The face value of total share capital remains unchanged in aggregate. No change in shareholder value is expected from the split itself.
This is a share subdivision, not a value-generating event. It typically improves liquidity and affordability of the stock for retail investors but does not change the company's market capitalisation or the intrinsic value of one's investment.