Sumeet Industries Limited has informed the Exchange that the Board of Directors at its meeting held on September 02, 2025, has considered and approved subdivision of 105265136 equity shares of 10 each into 526325680 equity shares of 2 each.
SUMEETINDS · price
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The Board of Directors of Sumeet Industries Limited, at its meeting held on September 2, 2025, approved a stock split (subdivision of equity shares). Each existing equity share of face value ₹10 will be subdivided into 5 equity shares of face value ₹2 each. In total, 10,52,65,136 shares of ₹10 will become 52,63,25,680 shares of ₹2, keeping the overall capital base unchanged. The move is typically aimed at improving liquidity and making the stock more affordable for retail investors.
Shareholders will automatically hold 5 times more shares at one-fifth the face value; the total value of holdings remains unchanged. Post-split, the stock may trade at a lower per-share price, potentially improving liquidity and retail participation. No fundamental change in the company's financials.