Outcome of meeting of Board of Director of the company
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The board of directors of Laddu Gopal Online Services Limited met on 14th June 2025 and approved a sub-division (stock split) of equity shares, splitting every 1 equity share of face value Rs. 10 into 5 equity shares of face value Re. 2 each. The record date for determining eligible shareholders has been fixed as Tuesday, 24 June 2025 (BSE scrip code 537707, symbol LADDU). The board also approved shifting of the corporate office from Kalkaji, South Delhi, to Ahmedabad, Gujarat. The meeting was held from 3:00 PM to 3:50 PM and signed off by Managing Director Afsana Mirose Kherani.
The stock split makes shares more affordable and increases liquidity/tradeability, which is generally viewed positively by retail investors. The corporate office shift from Delhi to Ahmedabad may signal a change in operational focus or cost restructuring, though the company has not disclosed specific reasons. Shareholders holding shares as of 24 June 2025 will automatically receive the split-adjusted shares.