Sprayking Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/06/2025 ,inter alia, to consider and approve Intimation of Board Meeting scheduled ....
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Sprayking Limited has informed BSE that its Board of Directors will meet on Tuesday, June 10, 2025. The main items on the agenda are: (1) a sub-division or stock split of the company's equity shares, and (2) raising of funds through issue of equity shares, convertible securities or other eligible securities on a rights or preferential basis, subject to regulatory approvals. The company has also closed its trading window for insiders with immediate effect until 48 hours after the outcome is made public.
If approved, a stock split would increase the number of shares and reduce the per-share price, improving liquidity and retail accessibility. The proposed fund-raising could lead to dilution of existing shareholders depending on the issue price and structure decided.