Stylam Industries526951Stock split declared

Board approves sub-division of Rs. 5/- shares into Rs. 1/- shares, MoA change and Q2 results

Sub-division of each existing equity share of face value Rs. 5/- into equity shares of face value Rs. 1/- each.

By ScoutQuest · Wed 28 Oct 2026, 12:21 PM IST · 2 min read

8,47,40,300×5.00

Before1,69,48,060After8,47,40,300

Issued, subscribed and paid-up shares sub-division: 1,69,48,060 (Before) and 8,47,40,300 (After).

Face value sub-division: each existing equity share of face value Rs. 5/- into equity shares of face value Rs. 1/- each
Paid-up shares: 16948060 before, 84740300 after
Q2 FY27 standalone revenue / net profit: revenue Rs. 34,051.90 lakh, net profit Rs. 4,233.22 lakh

The board approved sub-division/split of each existing equity share of face value Rs. 5/- each, fully paid up, into equity shares of face value Rs. 1/- each, fully paid up.
In share-count terms, the issued, subscribed and paid-up capital of 16948060 equity shares of Rs. 5/- each becomes 84740300 equity shares of Rs. 1/- each.
The company has only one class of equity shares and this is a sub-division of that class.
A sub-division does not change the total capital of the company; it changes the number of shares and the face value of each share. A holder of a given number of shares will hold a proportionately larger number of smaller face value shares once the record date is fixed.

Consequent to the sub-division, the board approved alteration of the Capital Clause (Clause V) of the Memorandum of Association, subject to shareholder approval.
The board also approved the draft postal ballot notice, along with the calendar of events, to seek members' approval by ordinary resolution.

The sub-division and the MoA alteration are both subject to approval of the equity shareholders through postal ballot and to regulatory/statutory approvals as may be required.
The record date for the sub-division will be decided after the shareholders' approval is taken.

Revenue from operations was Rs. 34,051.90 lakh for the quarter ended September 30, 2026 and Rs. 66,698.64 lakh for the six months ended September 30, 2026.
Net profit was Rs. 4,233.22 lakh for the quarter and Rs. 9,048.23 lakh for the half year.
The board approved the standalone and consolidated unaudited results along with the Limited Review Report of the statutory auditors.

The stated rationale is to enhance liquidity of the company's equity shares and to encourage participation of small investors by making the equity shares more attractive to invest.

The sub-division takes effect only after the postal ballot and the other approvals; the record date, which decides who receives the additional shares, is to be announced later.
How many shares an investor ends up with follows from the ratio of face values, from Rs. 5/- to Rs. 1/-.

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