Kesar Enterprises Ltd has scheduled a board meeting on July 24, 2025, to consider a stock split alongside a proposed increase in authorised capital. The agenda also includes reclassification of share capital and amendments to the Memorandum of Association, signaling a broader capital restructuring initiative.
Key Highlights:
- Stock split under consideration; ratio and record date yet to be disclosed
- Proposal includes increasing authorised share capital to support future growth
- Reclassification of authorised capital may align with evolving equity structure
- Capital clause of Memorandum of Association to be altered accordingly
Strategic Implications:
- Aims to enhance stock liquidity and attract wider retail participation
- Could make shares more affordable, boosting trading volumes and visibility
- Signals proactive governance amid recent operational challenges and market volatility
Market Sentiment:
- Investors await clarity on split ratio and timing
- Stock has shown short-term momentum despite long-term underperformance
Sources: Rediff MoneyWiz, MarketsMojo, BSE Corporate Filings