Please find the disclosure Regarding stock split of the Company.
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The Board of Directors of Simplex Castings Ltd has approved a stock split/sub-division of equity shares. Each existing share of Rs. 10 face value will be split into 5 shares of Rs. 2 face value. The paid-up share capital remains unchanged at Rs. 8.19 crore with 81,99,247 shares pre-split becoming 4,09,96,235 shares post-split. The company states the split aims to make shares more affordable and attract greater retail investor participation while enhancing liquidity. The split is subject to shareholders approval via postal ballot, with the record date to be announced later. Financial year 2025-26 showed revenue of Rs. 20,290.29 Lakhs and net profit of Rs. 2,125.91 Lakhs, up from Rs. 17,188.36 Lakhs and Rs. 1,513.11 Lakhs respectively the prior year.
This stock split will increase the number of shares 5-fold while keeping total investment value unchanged, making the stock more accessible to retail investors. The company appears financially strong with 40% profit growth, and the split could boost trading liquidity.