SKM Egg Products Export (India) Limited has informed the Exchange regarding voting results of Postal Ballot along with copy of minutes.
SKMEGGPROD · price
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SKM Egg Products Export (India) Limited has submitted the minutes of its Postal Ballot (remote e-voting) results, which were declared on 12 December 2025. Three resolutions were passed with the required majority: (1) Sub-division of every 1 equity share of face value Rs. 10 into 2 equity shares of face value Rs. 5 each; (2) Amendment of the Capital Clause in the Memorandum of Association to reflect the new authorised share capital of Rs. 30 crore divided into 6 crore equity shares of Rs. 5 each; and (3) Matching amendment to the Capital Clause in the Articles of Association. Voting turnout was about 58.40% of outstanding shares, with all three resolutions securing over 99.88% approval (only around 16,000–17,000 votes against). The Board will announce the Record Date for the sub-division in due course.
This is a 1:2 stock split that doubles the number of shares and halves the per-share price, improving affordability and liquidity for retail investors without changing the company's overall market value. Expect higher trading volumes and a lower per-share price once the Record Date is announced; existing shareholders will automatically receive the additional shares in their accounts.