Indian Toners & Developers Limited has submitted to BSE Limited Postal Ballot Notice and Postal Ballot Form, sent to the shareholders of the Company today through permitted mode (Letter attached)
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Indian Toners & Developers Limited is seeking shareholder approval via postal ballot for splitting the face value of its equity shares from Rs. 10 to Rs. 2 each. Under this 1:5 split, each existing share will become 5 new shares of Rs. 2 face value. The company's paid-up capital is Rs. 10,39,17,320 divided into 1,03,91,732 shares at Rs. 10 each, which will become 5,19,58,660 shares at Rs. 2 each after the split. The board stated the aim is to encourage wider participation of small investors and enhance liquidity of the company's equity shares. The e-voting period runs from May 14, 2026 to June 12, 2026, with results expected on June 13, 2026.
This stock split will make the shares more affordable for smaller investors, potentially increasing retail participation and trading volume. Existing shareholders will hold 5 times more shares at 1/5th the price per share, with no change in total investment value.