Interarch Building Solutions Approves QIP, Stock Split, and Financial Results

Interarch Building Solutions Limited's Board of Directors met on August 6, 2026, approving several key corporate actions. The board sanctioned the standalone unaudited financial results for the quarter ended June 30, 2026. A significant decision was the approval of a stock split, subdividing equity shares of ₹10 face value into ₹2 face value, subject to shareholder and regulatory approvals. Additionally, the company approved altering its Memorandum of Association to reflect the stock split. The board also approved the allotment of 45,415 equity shares under the ESOP scheme. Furthermore, a proposal to raise funds up to ₹250 Crores through a Qualified Institutions Placement (QIP) was approved, superseding a previous approval for ₹100 Crores, pending shareholder consent.