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Agi Infra LimitedDividend/Bonus, 02-12-2024: Stock split

02-12-2024 | 02:57 pm

AGI Infra Limited's Board has approved a 1:2 stock split, dividing each equity share with a face value of ₹10 into two shares with a face value of ₹5. This decision is pending shareholder approval via postal ballot, with a record date to be established post-approval. The aim of the split is to enhance liquidity and encourage retail investor participation by making shares more affordable. Additionally, an alteration to the Memorandum of Association will reflect a revised authorized share capital of ₹15 Crore, consisting of 3 Crore equity shares at ₹5 each.

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