Split13 Nov 2026, 06:10 pm
Hypersoft Technologies Approves Stock Split, Board Appointments
AI Summary
Hypersoft Technologies Ltd's Board of Directors has approved a stock split, dividing each existing equity share of face value ₹10 into five equity shares of face value ₹2. This is subject to shareholder approval. The Board also approved the appointment of Mr. Sachin Sharma as Non-Executive Independent Director, Mrs. Preethi Diviti as Whole-time Director, and Mr. Harshavardhan Deekonda as Chief Financial Officer (CFO), all effective November 14, 2026. A postal ballot will be issued to seek shareholder consent for these changes.
Key Highlights
- Board approves stock split of ₹10 face value shares into five ₹2 face value shares.
- Appointments approved for Independent Director, Whole-time Director, and CFO.
- Shareholder approval required for the stock split and MOA alteration.
- Postal ballot process initiated to obtain shareholder consent.
- Record date for the split to be announced post-shareholder approval.
Price Impact
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