Aris International531677Stock split declared

Board approves 1:2 equity share sub-division; Sections 185 and 186 proposals up to Rs. 50 crore each

Sub-division/split of equity shares — each share of face value Rs. 10/- into 2 shares of face value Rs. 5/- each.

By ScoutQuest · Thu 22 Oct 2026, 6:20 PM IST · 2 min read

Split Ratio / Face Value: each share of face value Rs. 10/- into 2 shares of face value Rs. 5/- each
Paid-up Shares Before → After: 15,00,000 → 30,00,000
Section 185 / 186 Limits: up to Rs. 50 crore each

Sub-division/split of equity shares in the ratio 1:2: each existing equity share of face value Rs. 10/- is to be split into 2 equity shares of face value Rs. 5/- each, fully paid-up and ranking pari passu in all respects, with a consequential alteration of the Capital Clause of the Memorandum of Association.
Approval under Section 186 of the Companies Act, 2013 for making loans, investments, giving guarantees and providing securities up to an aggregate amount not exceeding Rs. 50 crore (Rupees Fifty Crores Only).
Approval under Section 185 of the Companies Act, 2013 for granting loans, including loans represented by book debts, giving guarantees or providing securities in connection with loans to any person in whom any Director of the Company is interested, up to an aggregate amount not exceeding Rs. 50 crore (Rupees Fifty Crores Only).
Approval of the Postal Ballot Notice to seek the Members' approval for the above matters. All three items are subject to Members' approval and other applicable authorities.

Issued, subscribed and paid-up equity shares: 15,00,000 shares before the split, 30,00,000 shares after the split.
Authorised equity shares: 2,50,00,000 before the split, 5,00,00,000 after the split.
Class of shares involved: equity shares only.

To make the equity shares more affordable, enhance liquidity in the capital market, widen the shareholder base and encourage participation by retail and individual investors.

The split is expected to be completed within the prescribed timelines, subject to approval of the Members through Postal Ballot and other applicable statutory/regulatory approvals.

In a 1:2 split, the number of shares a holder owns doubles while the face value of each share halves; the split itself does not change the total paid-up share capital in rupee terms. Both share counts move exactly in that proportion: 15,00,000 to 30,00,000 paid-up shares and 2,50,00,000 to 5,00,00,000 authorised shares.
The split is a proposal approved by the Board and is not yet effective: Members' approval through postal ballot and other applicable approvals are still required.
The Section 185 and Section 186 items are enabling limits, also subject to Members' approval. The Section 185 item specifically covers loans, guarantees or securities for persons in whom a Director of the Company is interested, which is a governance point shareholders typically examine closely at the postal ballot stage.
The record date, the exact operational mechanics and the completion date are not part of this intimation; the only timing indication given is completion within the prescribed timelines after approvals.

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