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India Glycols LimitedOthers, 30-05-2025: Amendment to AOA/MOA

30-05-2025 | 11:40 am

India Glycols has announced a board meeting on approving a 2-for-1 stock split, dividing each Rs. 10 equity share into two shares of Rs. 5 each, aiming to enhance liquidity and affordability for investors. The authorized share capital will be adjusted to Rs. 45 Cr, comprising 9 crore shares of Rs. 5 each. The company also approved updates to its Memorandum and Articles of Association to comply with the Companies Act, 2013, without altering its core business. The ongoing demerger scheme will incorporate the new share face value and revised share exchange ratios.

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