
BN Agrochem Board approves 1:10 stock split, EGM on Oct 22
BN Agrochem's Board of Directors, in a meeting on September 28, 2026, approved a 1:10 stock split, sub-dividing each equity share with a face value of ₹10 into 10 shares of ₹1 each. This capital restructuring requires shareholder approval at an Extra-Ordinary General Meeting (EGM). The Board also approved the notice for this EGM, scheduled for October 22, 2026, to be held via video conferencing. October 16, 2026, has been set as the cut-off date for e-voting. Additionally, the Board approved providing a corporate guarantee of ₹10 Crores on behalf of its related party, B.N. Agritech Limited, to Godrej Finance Limited for credit facilities. The company appointed Bigshare Services Private Limited as the e-voting agency and M/s Mehta & Mehta as the scrutinizer for the EGM.
Key Highlights
- Board approved 1:10 stock split (₹10 to ₹1 face value).
- Stock split requires shareholder approval at EGM.
- EGM scheduled for October 22, 2026, for shareholder approval.
- Company to provide ₹10 Cr corporate guarantee for related party.
Price Impact
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