StockWatch
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Non Banking Financial Company (NBFC)
Corporate Action21 May 2026, 07:11 pm

Balmer Lawrie Investments: No Share Split Recommended

AI Summary

The Board of Directors of Balmer Lawrie Investments Ltd, in its meeting held on May 21, 2026, decided not to recommend splitting the company's equity shares. This decision was based on the fact that the thresholds specified in the DIPAM Guidelines for considering a share split were not triggered, and the cooling-off period since the last split-off shares had not elapsed. The decision was made after analyzing compliance with the Consolidated Guidelines on Capital Restructuring of CPSEs issued by the Ministry of Finance.

Key Highlights

  • Board decided against recommending a share split.
  • DIPAM Guidelines thresholds for share split not met.
  • Cooling-off period since last split-off shares not over.
  • Decision made on May 21, 2026, after analyzing DIPAM guidelines.