Announced Thu, 9 Jul · 20:45 IST
Integrated Proteins announces 1:10 stock split and board changes
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.3%1-day move
₹149.45
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+0.3+3.0+2.4-2.5-6.9+0.3————
Up moveDown movePending
AI summary
Integrated Proteins board approved a 1:10 stock split, dividing each Rs. 10 face value equity share into 10 shares of Re. 1 each, subject to shareholder and regulatory approvals. Record date will be announced later. The board also approved reclassification of 10 promoter group members to public category, accepted resignations of three directors, and appointed three new directors. Committees were reconstituted.
Likely market impact
Stock split aims to make shares more affordable for retail investors and improve liquidity; expected within 2 months pending approvals. Multiple board changes.