Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015 submitting the postal ballot Notice which is being sent through email to the shareholders of the Company seeking approval of members ....
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Awaiting price reaction for this filing.
United Van Der Horst Limited has issued a postal ballot notice seeking shareholder approval to sub-divide (split) each equity share of face value Rs. 5 into 5 equity shares of Re. 1 each (a 5:1 stock split). Under the proposal, the existing 1,37,87,400 fully paid-up shares will become 6,89,37,000 shares, while total paid-up share capital remains unchanged at Rs. 6,89,37,000. The company is also seeking approval to amend the Capital Clause (Clause V) of its Memorandum of Association to reflect the new face value. The board believes the split will improve liquidity and make the stock more affordable for retail investors. E-voting runs from October 9, 2025 to November 7, 2025, with results to be announced by November 11, 2025.
Stock splits are typically viewed positively as they improve liquidity and attract retail participation, but they do not change the company's market capitalisation or any shareholder's proportional ownership. The face value dropping from Rs. 5 to Re. 1 could lower the per-share price, potentially making the stock more accessible to small investors.