Ksolves India Limited — Important, 24-01-2025: General Updates
24-01-2025 | 05:38 pm
24-01-2025 | 05:38 pm
Shareholders of Ksolves India Limited have approved a share split, converting one existing equity share with a face value of INR 10 into two equity shares with a face value of INR 5 each. This adjustment also leads to an alteration in the capital clause of the Memorandum of Association, establishing an authorized share capital of INR 12.5 crore divided into 2.5 crore equity shares, each valued at INR 5. The restructuring is set to enhance liquidity and potentially attract a broader base of retail investors. These developments signal a positive outlook for the company, aligning with strategic growth initiatives.
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