Unison Metals Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 22/08/2025 ,inter alia, to consider and approve the following business: 1. To ....
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On the reaction day the stock moved 1.5 pts more than Nifty Microcap 250 and 1.7 pts more than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Unison Metals Ltd has informed BSE that its Board of Directors will meet on Friday, 22 August 2025 at 12:30 PM at the registered office. The key agenda item is to consider and approve a sub-division (stock split) of the company's equity shares. The Board will also consider amending the Memorandum of Association to reflect this sub-division. The intimation is being made under Regulation 29 of SEBI's Listing Obligations and Disclosure Requirements. The current ratio of the proposed split has not been disclosed in this filing.
A stock split typically makes shares more affordable for retail investors and can improve liquidity, but the actual ratio will determine the price adjustment. Shareholders should wait for the post-meeting announcement on 22 August for confirmed details including the split ratio and record date.