StockWatch
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Airline
Split6 Aug 2026, 02:35 pm

TAAL Tech Approves 1:5 Equity Share Split

AI Summary

TAAL Tech Ltd's Board of Directors, in a meeting held on August 06, 2026, approved the sub-division of equity shares in a 1:5 ratio. Each equity share with a face value of ₹10 will be split into five equity shares with a face value of ₹2 each. This corporate action is subject to shareholder approval at the upcoming 12th Annual General Meeting and necessary regulatory clearances. The company also reviewed un-audited financial results for the quarter ended June 30, 2026, approved the re-appointment of Ms. Deepa Mathur as Woman Independent Director, appointed Mr. Muralidhar Chitteti Reddy as Additional Director (Non-Executive-Independent), and approved the re-appointment of M/s. TLB and Co. as Statutory Auditors.

Key Highlights

  • Board approved 1:5 equity share split, subject to shareholder approval.
  • Un-audited financial results for Q1 FY27 reviewed.
  • Re-appointment of Woman Independent Director approved.
  • New Additional Director (Non-Executive-Independent) appointed.
  • Statutory Auditors re-appointed for a second term.