Capital Clause of MOA altered after share face value split from Rs. 10 to Rs. 5
Shareholders approved a change to the Capital Clause (Clause V) of the Memorandum of Association.
- Face Value Split Ratio
- From Rs. 10/- per share to Rs. 5/- per share
- Authorised Share Capital
- ₹ 15,00,00,000/-
- Number of Equity Shares
- 3,00,00,000 equity shares
- Share Denomination
- ₹ 5/- each
- Approval Date
- September 28, 2026 at AGM by Special Resolution
What was approved
The members of the company passed Special Resolution(s) at the Annual General Meeting held on Monday, September 28, 2026, approving an alteration to the Memorandum of Association.
The alteration is to Clause V, the Capital Clause, and results from the sub-division/split of the face value of equity shares from Rs. 10/- per share to Rs. 5/- per share.
The new Clause V
- Authorised Share Capital: ₹ 15,00,00,000/- (Rupees Fifteen Crores Only)
- Divided into 3,00,00,000 (Three Crores) equity shares of ₹ 5/- each
- With power to increase or reduce the same in accordance with the provisions of the Companies Act, 2013
What a split means for a shareholder
A sub-division (split) reduces the face value of each share and increases the number of shares proportionately. The total capital value is unchanged; only the denomination and the share count change. Shares of a lower face value are often more accessible to small investors as the per-share price adjusts proportionately.
Disclosure
The intimation was shared with BSE Limited and The Calcutta Stock Exchange Limited under Regulation 30 read with Part A of Schedule III of the SEBI (LODR) Regulations, 2015. The intimation and a copy of the amended MOA are also being uploaded on the company's website.
Also from Meenakshi India
Letter to physical shareholders on stock split, demat-only credit and record date
5 Oct 2026
Sub-division of equity shares from face value of Rs.10/- to Rs.5/- each; record date fixed as October 30, 2026
3 Oct 2026
Record Date Fixed at October 30, 2026 for 1:2 Stock Split (Rs. 10 to Rs. 5 Face Value)
30 Sep 2026
More numbers
- Old face value per shareRs. 10/- (Rupees Ten) per share
- New face value per shareRs. 5/- (Rupees Five) per share
- Authorised Share Capital₹ 15,00,00,000/-
- Number of equity shares in authorised capital3,00,00,000 (Three Crores) Equity Shares
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