Mazda Limited — Others, 27-11-2024: Shareholders meeting

Mazda Limited has announced a board meeting to seek shareholder approval via postal ballot for two key items: the sub-division of equity shares from a face value of ₹10 (₹Ten) to ₹2 (₹Two), and the corresponding alteration of the capital clause in its Memorandum of Association. This move aims to enhance liquidity and attract small investors by making shares more affordable. The e-voting period will start on November 29, 2024, and conclude on December 28, 2024. This initiative could be viewed positively by investors, potentially increasing trading activity and broadening the shareholder base.