Unlocking Value: India Glycols Set to Split Shares for Wider Reach

India Glycols Ltd has officially approved a stock split, marking a significant move aimed at enhancing share liquidity and making the company’s equity more accessible to a broader base of investors. The decision was taken at the company’s Board of Directors meeting held on May 30, 2025, following weeks of anticipation in the market.

 

Board Approval for Stock Split:

The board has approved the sub-division (split) of existing equity shares with a face value of ₹10 each. The exact split ratio and record date will be determined and announced in due course, pending shareholder approval at the upcoming annual general meeting.

 

Objective Behind the Move:

The stock split is designed to improve liquidity in the market, making India Glycols’ shares more affordable for retail investors and potentially increasing trading volumes.

 

Share Price Performance:

India Glycols shares have seen a sharp rally in recent months, with the stock price rising nearly 150% over the past year and hitting a 52-week high of ₹1,943. The move comes as the company continues to outperform its sector with strong revenue and profit growth.

 

Strong Financials:

The company’s annual revenue growth stands at 13.95%, outpacing its three-year CAGR. Profit after tax for FY25 reached ₹230.92 crore, reflecting robust operational performance.

 

What’s Next:

Details regarding the split ratio, record date, and further regulatory steps will be communicated soon. Investors are advised to stay tuned for updates as the company seeks shareholder approval and regulatory clearances.

 

India Glycols’ stock split signals confidence in its growth trajectory and a commitment to rewarding shareholders with greater market accessibility.

 

Sources: Economic Times, Business Standard, Moneycontrol