Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations") read with Industry Standards
Awaiting price reaction for this filing.
The board of Hindusthan Urban Infrastructure Limited, at its meeting on 29th December 2025, approved three key items. First, a name change to 'Hindusthan Insulators & Industries Limited', reflecting its core business focus. Second, a stock split in the ratio of 1:5, where each equity share of face value Rs. 10 will be split into 5 equity shares of face value Rs. 2 each, making shares more affordable for retail investors and improving liquidity. The paid-up equity shares will increase from 14,42,885 (Rs. 10 face value) to 72,14,425 (Rs. 2 face value). Third, an increase in authorized share capital from Rs. 100 crore to Rs. 108.50 crore. All three items are subject to shareholder and regulatory approvals, with a postal ballot notice approved for shareholder voting. The board also took note of a Rs. 8,000 (+ 18% GST) fine imposed by BSE for delayed filing of shareholding pattern.
The 1:5 stock split will lower the per-share price, making the stock more accessible to small retail investors and potentially boosting trading liquidity. The name change signals a strategic realignment towards its insulators business. Shareholders will need to approve these changes via postal ballot, with the record date for the split to be announced later.