Krishana Phoschem Limited has informed the Exchange that the Board of Directors at its meeting held on May 26, 2026, has considered and approved subdivision of 1 equity shares of Rs. 10 each into 5 equity shares of Rs. 2 each.
KRISHANA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board of Directors has approved splitting each equity share of Rs. 10 face value into 5 shares of Rs. 2 each. Post-split, the paid-up capital remains Rs. 61.83 crore (approx 30.91 crore shares at Rs. 2). The split aims to enhance liquidity and make shares more affordable and accessible to a wider investor base. This move will not alter the total capital structure or intrinsic value of the company. The proposal requires shareholder approval at the ensuing AGM and other regulatory clearances.
Existing shareholders will see their number of shares increase 5x while the price per share adjusts proportionally, maintaining the same investment value. This is generally positive for liquidity and retail participation.