StockWatch
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Industrial Products
Board Meeting25 Aug 2026, 05:43 pm

Galaxy Agrico Exports Considers Share Split

AI Summary

Galaxy Agrico Exports Limited's Board of Directors met on August 25, 2026, to discuss a proposal for subdividing existing equity shares with a face value of ₹10 into shares with a face value of ₹1. The board also reviewed consequential amendments to the Memorandum of Association, alteration of the Capital Clause, and the process for convening an Extra-Ordinary General Meeting to seek member approval. A record date for the split was also discussed. However, no final decision was made on these matters, and they will be further considered at the next board meeting. The company will provide further disclosures upon final approval.

Key Highlights

  • Board meeting held on August 25, 2026.
  • Proposal to sub-divide equity shares considered.
  • Face value to change from ₹10 to ₹1.
  • No final decision taken on share split.
  • Matters to be revisited at next board meeting.