Announced Fri, 26 Jun · 17:41 IST
Board approves stock split, dividend, new auditor, AGM on July 30
Management Changes View source PDF
MWL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+1.1%1-day move
₹372.00
prior close
₹375.80
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.9-1.2+0.1+1.0+1.1+1.6+1.5+0.9+1.8+0.8————
Up moveDown movePending
AI summary
Board met on June 26, 2026 and approved: 30th AGM on July 30, 2026 via video conferencing; final dividend of Rs 0.30 per share with record date July 17; stock split from Rs 10 to Rs 1 face value already approved via postal ballot; appointment of N.K. Aswani and Co as new statutory auditor for 5 years replacing retiring Keyur Shah and Co; enabling resolution for converting outstanding loans or debt into equity; and substitution of secured assets in existing listed NCDs.
Likely market impact
Positive for shareholders with stock split improving liquidity and Rs 0.30 dividend confirmed. Loan-to-equity conversion may dilute holdings.