Considered and approved Sub- Division/Stock Split of the equity shares of the Company
JLHL · price
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The Board of Directors approved a 5-for-1 stock split, converting each Rs. 10 face value share into 5 shares of Rs. 2 each. The authorized share capital remains Rs. 80 crore, now comprising 40 crore shares of Rs. 2 each. Concurrently, the board declared an interim dividend of Rs. 1 per share (10% on face value) for FY 2025-26 with record date May 22, 2026. For FY2026, consolidated revenue grew 15% to Rs. 14,998 million, while net profit remained flat at Rs. 1,942 million versus Rs. 1,938 million in FY2025. The company also announced leadership changes including appointment of Dr. Ajay Thakker as Chairman and Whole Time Director. Auditors issued unmodified opinions on both standalone and consolidated financials.
The stock split will increase share liquidity by creating 5 times more shares at 1/5th the price, making the stock more accessible to retail investors. The flat profit growth despite 15% revenue increase warrants monitoring. The interim dividend provides immediate shareholder reward.