Pritika Engineering Components Limited — Important, 18-01-2025: General Updates

The company has approved the sub-division of its equity shares from a face value of ₹10 to ₹5, aiming to enhance liquidity and accessibility for small investors. The split will convert one equity share into two, effectively doubling the number of shares in circulation. Consequently, authorized share capital will increase to 5,00,00,000 shares, while the total paid-up capital remains unchanged at ₹13,18,25,150. This initiative is expected to be completed by February 28, 2025. Overall, this move could broaden the shareholder base and provide a positive outlook for attracting more retail investors. Watch closely for further developments.