Mos Utility Limited — Board Meeting, 04-08-2025: Outcome of Board Meeting
04-08-2025 | 05:32 pm
04-08-2025 | 05:32 pm
MOS Utility's Board, in its recent meeting, finalized key capital structure changes. They've set August 8, 2025, as the record date for the previously approved 1:5 stock split, meaning each Rs. 10 share will be divided into five Rs. 2 shares. This move typically aims to increase liquidity and make shares more accessible. However, the record date for the 1:1 bonus share issue, also approved earlier, has been deferred for now. Separately, Non-Executive Director Mr. Hitesh Ramani has resigned from the board, effective August 4, 2025. Stay tuned for further updates on the bonus shares!
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