Corporate Action16 Sept 2026, 07:10 pm
BLS E-Services Approves Equity Share Split in AGM
AI Summary
BLS E-Services Limited announced that its shareholders have approved the alteration in the Capital Clause of the Memorandum of Association (MOA) to facilitate a split/sub-division of equity shares. This approval was granted via an Ordinary Resolution at the Annual General Meeting held on September 15, 2026. The authorized share capital remains ₹110 Crores, but the number of equity shares has doubled to 22 Crores, with each share now having a face value of ₹5 instead of ₹10.
Key Highlights
- Shareholders approved equity share split/sub-division.
- Capital Clause of MOA altered as per SEBI regulations.
- Authorized capital remains ₹110 Crores.
- Equity shares split from ₹10 face value to ₹5.
- Number of equity shares doubled to 22 Crores.
Price Impact
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