Jai Balaji Industries Limited — Others, 12-11-2024: Amendment to AOA/MOA

Jai Balaji Industries Limited's Board has convened a meeting where they approved the financial results for the quarter and half-year, ending 30th September 2024, reporting a consolidated net profit of ₹361.98 crore. In a strategic move to enhance liquidity and attract more retail investors, the Board approved a 1:5 share split, reducing the face value of each share from ₹10 to ₹2, pending shareholder and regulatory approval. This initiative may boost share trading volume and investor interest, reflecting a positive outlook for the company.