Integrated Proteins Ltd Board Approves Share Split and Promoter Reclassification
Integrated Proteins Ltd announced a revised board meeting outcome held on July 9, 2026. The board approved a sub-division (split) of equity shares, where one existing equity share of face value ₹10 will be split into ten equity shares of face value ₹1 each. This is subject to shareholder and regulatory approvals. Additionally, the board approved reclassification requests from the Promoter & Promoter Group to the 'Public' category, pending 'No Objection Certificates' from stock exchanges. The meeting also noted the resignations of Mr. Priyansh Tejas Parekh (Independent Director), Ms. Neepa Praful Kothari (Director), and Mr. Vinod Prabhulal Mehta (Executive Director), citing professional and personal reasons.
Key Highlights
- Board approved equity share sub-division (1:10 split).
- Promoter group reclassification to 'Public' category approved.
- Three directors resigned: Independent, Director, and Executive Director.
- Resignations cited professional commitments and personal reasons.
Price Impact
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