Innovative Tyres & Tubes Limited — Important, 23-12-2024: Updates

The National Stock Exchange of India has revised the market lot size for Innovative Tyres & Tubes Limited from 3000 shares to 105 shares. This change comes following the capital reduction post the resolution plan approved by the National Company Law Tribunal on June 4, 2024. The new lot size will become effective from December 24, 2024. This reduction in lot size may enhance liquidity in the trading of the company’s shares, potentially making it more accessible to retail investors. Stakeholders should monitor this development for its implications on trading volumes and share price stability.