
Split14 Aug 2026, 06:23 pm
Gujarat Natural Resources Approves Share Split and Director Appointment
AI Summary
Gujarat Natural Resources Ltd's Board of Directors met on August 14, 2026, approving a 1:10 equity share split, subject to shareholder approval. The face value of each share will change from ₹10 to ₹1. Mrs. Jhanvi Vikas Sethi was appointed as an Additional (Independent) Director for five years, also pending member approval. The board also approved standalone and consolidated unaudited financial results for Q2 FY26, re-constituted committees, and set the date for the 35th Annual General Meeting on September 30, 2026. Related party transactions and the Board's Report for FY25-26 were also approved.
Key Highlights
- Approved 1:10 equity share split to enhance liquidity.
- Appointed Mrs. Jhanvi Vikas Sethi as Additional Independent Director.
- Approved Q2 FY26 unaudited financial results.
- 35th AGM scheduled for September 30, 2026.
- Re-constituted key board committees.
Price Impact
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