Board Meeting13 Aug 2026, 05:10 pm
Osiajee Texfab Board Approves Unaudited Financial Results & Share Split
AI Summary
Osiajee Texfab Limited's Board of Directors, in a meeting held on August 13, 2026, approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The board also approved a proposal to sub-divide each existing equity share of face value ₹10 into 10 equity shares of face value ₹1. This sub-division aims to enhance liquidity and make shares more accessible to investors. The company confirmed no funds were raised during the quarter. The share split proposal will be presented to shareholders for approval at the upcoming AGM.
Key Highlights
- Board approved unaudited financial results for Q1 FY27.
- Unaudited standalone and consolidated results were approved.
- Company approved a 1:10 equity share sub-division.
- Share split aims to improve liquidity and investor accessibility.
- No funds were raised during the quarter.
Price Impact
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