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Manbro Industries LtdImportant, 09-02-2026: Company Update

09-02-2026 | 07:07 pm

Manbro Industries' Board has approved a stock split, converting each existing equity share with a face value of ₹10 into ten shares of Re. 1 each. This strategic move aims to make the company's shares more affordable, thereby encouraging greater retail investor participation and enhancing market liquidity. The company's total authorised capital of ₹20.25 Cr and paid-up capital of ₹5.80 Cr will remain unchanged in value, but the number of shares will increase tenfold. This split is subject to shareholder and regulatory approvals, with the process expected to conclude within two months after approvals are secured.

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