India Glycols Limited — Important, 20-06-2025: Updates

India Glycols has announced a board meeting to approve the sub-division of equity shares from a face value of ₹10 to ₹5, doubling the number of shares without changing the total capital. The company will also adopt a new Memorandum and Articles of Association aligned with the Companies Act, 2013. Additionally, Ms. Pragya Bhartia Barwale and Shri U.S. Bhartia have been re-appointed as Executive Director and Chairman & Managing Director respectively, each for five years, with annual remunerations of ₹1 Cr and ₹4.8 Cr plus perquisites and profit-linked commissions.