StockWatch
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Forest Products
Board Meeting28 Oct 2026, 12:05 pm

Stylam Industries Approves Share Split and Q2 Results

AI Summary

Stylam Industries Limited announced that its Board of Directors has approved the un-audited financial results for the Second Quarter (Q2) and Half Year ended September 30, 2026. Additionally, the board approved a sub-division of equity shares, splitting each existing equity share of face value ₹5 into five equity shares of face value ₹1. This share split is subject to shareholder and regulatory approvals. The company also approved the draft postal ballot notice for seeking shareholder approval for the split and alteration of the Memorandum of Association. The Board meeting was held on October 28, 2026.

Key Highlights

  • Board approved Q2 and Half Year ended Sep 30, 2026 financial results.
  • Approved sub-division of equity shares: 1:5 split.
  • Share split subject to shareholder and regulatory approvals.
  • Approved draft postal ballot notice for shareholder consent.
  • Alteration of Memorandum of Association also approved.