Integrated Proteins Ltd — Important, 09-07-2026: Company Update
09-07-2026 | 08:45 pm
09-07-2026 | 08:45 pm
Integrated Proteins' board has approved a 1:10 stock split, converting each existing Rs. 10 share into ten Re. 1 shares. This move aims to boost affordability and liquidity for retail investors. The authorized capital will become Rs. 25 Crore (25 crore shares of Re. 1), and paid-up capital Rs. 18.71 Crore (18.71 crore shares of Re. 1) post-split, pending necessary approvals. Additionally, the company accepted requests for promoter reclassification. The board saw several changes with three directors resigning, while three new directors joined: Mr. Nitish Mehta (Non-Executive), Mr. Hiren Shah (Executive), and Mr. Sandeep Mahadik (Independent). Key board committees were also reconstituted.
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