Gujarat Natural Resources Approves 1:10 Stock Split

Gujarat Natural Resources Ltd announced that its shareholders have approved a stock split of 1 equity share into 10 equity shares. The face value per share will change from ₹10 to ₹1. This move aims to enhance liquidity and broaden the shareholder base by making shares more accessible. The alteration in the company's capital clause, including the authorized share capital, has also been approved. The company expects the split to be completed within two months, subject to regulatory approvals.