Spice Islands Industries Ltd- Board Meeting on July 3 to Consider Share Split

Spice Islands Industries Ltd has announced a Board of Directors meeting scheduled for July 3, 2026. The primary agenda items include considering and approving a sub-division (split) of equity shares from a face value of ₹10 to ₹2, and consequential alteration of the Memorandum of Association. The meeting will also address the re-designation of Mr. Sandeep Jamnadas Merchant to Managing Director and Vice Chairman, and the regularization of appointments for Mrs. Nitu Vishwakarma, Dr. Huzaifa Habil Khorakiwala, and Mr. Nikhil Saran Mathur as independent and non-executive directors. Additionally, the board will discuss the re-appointment of a director retiring by rotation, related party transactions, and the notice for the 38th Annual General Meeting. The trading window will be closed for designated persons until 48 hours after the meeting's outcome.