Acutaas Chemicals Limited — Others, 27-03-2025: Shareholders meeting

Ami Organics Limited has announced a board meeting to report the outcome of the recent postal ballot, where shareholders approved the sub-division of existing equity shares from ₹10 to ₹5, alongside an alteration to the capital clause in the Memorandum of Association. The resolutions secured overwhelming support, with over 99.99% of votes in favor, reflecting strong shareholder confidence. This strategic move aims to enhance liquidity and broaden the shareholding base, potentially making the stock more attractive to investors. Overall, the sentiment is positive, as this could foster greater market interest in the company's shares.