Notice of postal ballot to sub-divide/split the share capital, issue bonus equity shares with consequential and related amendments in the memorandum of association
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Awaiting price reaction for this filing.
Sampre Nutritions has sent out a postal ballot notice seeking shareholder approval for four items. First, a sub-division/split of equity shares from face value of Rs.10 to Rs.5, turning each share into two (1:2). Second, a corresponding change in the capital clause of the Memorandum of Association. Third, an increase in authorised share capital from Rs.35 crore to Rs.100 crore (from 7 crore shares to 20 crore shares of Rs.5 each). Fourth, a bonus issue in the ratio of 1:1, capitalising up to Rs.21.84 crore from the securities premium account to issue 4.37 crore bonus shares of Rs.5 each. E-voting runs from 27 September to 26 October 2025, with the cut-off date set at 19 September 2025.
If approved, every existing share will effectively become 4 shares (2 from the split and 2 from the 1:1 bonus), which should improve liquidity and lower the per-share price to make it more affordable for retail investors. The Rs.100 crore authorised capital increase gives the company headroom for future fundraising. There is no cash impact on shareholders since the bonus is funded from securities premium.