Jai Balaji Industries Limited — Dividend/Bonus, 12-11-2024: Stock split

The Board has approved a split of each equity share with a face value of ₹10 into five shares of face value ₹2 each. This decision, aimed at enhancing liquidity and making shares more affordable for retail investors, awaits shareholder approval via postal ballot. The record date for the split will be communicated later. In their latest results, Jai Balaji Industries reported standalone Q2 income from operations at ₹1,578.52 Cr, leading to a net profit of ₹153.16 Cr. The consolidated income totaled ₹1,578.52 Cr, also reflecting a net profit of ₹153.16 Cr.