Board approves 1:10 stock split and Rs 49.5 crore rights issue
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Kairosoft AI Solutions board approved a 1:10 stock split, subdividing each equity share of Rs 10 face value into 10 shares of Rs 1 each, subject to shareholder approval at the AGM on 29 August 2026. The company also approved a rights issue to raise up to Rs 49.5 crore from eligible equity shareholders. The split aims to improve liquidity and make shares more affordable. Record date will be notified later.
Stock split may boost liquidity and affordability. Rights issue up to Rs 49.5 crore may dilute existing holdings but brings growth capital.