Ajcon Global Services Ltd — Updates, 28-04-2025: Company Update

The Board of Ajcon Global Services Limited has approved a sub-division of its equity shares from 1 share of face value ₹10 to 10 shares of face value ₹1, subject to shareholder approval via postal ballot. The capital clause in the Memorandum of Association will be amended accordingly, increasing authorized share capital to ₹10 crore, divided into 10 crore shares of ₹1 each. This move aims to enhance liquidity and attract smaller investors by making shares more affordable. Investors may view this as a positive outlook, given the potential for increased participation in the stock. The process is expected to be completed within three months, pending necessary approvals.