United Polyfab Gujarat Limited — Others, 05-03-2025: Shareholders meeting
05-03-2025 | 06:44 pm
05-03-2025 | 06:44 pm
United Polyfab Gujarat Limited has announced a board meeting to consider a postal ballot for various business items. Among these are the sub-division of equity shares, where each share of face value ₹10 will split into ten shares of ₹1, aimed at enhancing liquidity and attracting small investors. Additionally, the memorandum of association will be amended accordingly. The company seeks to approve material related party transactions with several entities, allowing for up to ₹500 crore worth of transactions in the fiscal year, which is expected to facilitate business efficiency and growth. Investors may view this as a positive outlook for shareholder engagement and potential liquidity enhancement.
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