Indian Toners & Developers Limited has submitted to BSE Limited outcome of Board Meeting held on 11.05.2026.(Letter attached)
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board of Directors approved the audited financial results for Q4 and FY 2025-26, along with remuneration increases for three key directors: Chairman Sushil Jain, Managing Director Akshat Jain, and Wholetime Director Satyendra Paroothi. The Board also re-appointed Sushil Jain as Chairman for 3 years, Satyendra Paroothi as Wholetime Director for 2 years, and Sanjay Gupta as Independent Director for another 5-year term. Most notably, the Board approved a stock split from 1 share of Rs. 10 face value into 5 shares of Rs. 2 face value, subject to shareholder approval, with the stated goal of enhancing liquidity and making shares more affordable for small investors. The company's paid-up capital of 1,03,91,732 shares will become 5,19,58,660 shares post-split. The 36th AGM is scheduled for 13 July 2026.
The stock split is positive for retail investors as it makes shares more affordable and could improve liquidity. The routine director re-appointments and internal auditor change indicate normal governance functioning with no red flags for shareholders.