Description

Synthiko Foils Ltd has set a record date of October 17, 2025 for consolidation of equity shares from two shares of Rs.5/- each to one share of Rs.10/- each. No dealings permitted from October 17, 2025.

Summary

Synthiko Foils Ltd (Scrip Code 513307) has fixed the record date as October 17, 2025 for the consolidation of equity shares. The consolidation involves merging every two existing equity shares of face value Rs.5/- each into one equity share of face value Rs.10/- each. Trading members are advised that no dealings in the company’s equity shares will be permitted from October 17, 2025 onwards.

Key Points

  • Company: Synthiko Foils Ltd
  • Scrip Code: 513307
  • Record Date: October 17, 2025
  • Consolidation Ratio: 2:1 (Two shares of Rs.5/- consolidated into one share of Rs.10/-)
  • Trading Restriction: No dealings permitted from October 17, 2025
  • Notice Reference: DR-738/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard corporate action involving share consolidation as per existing regulations.

Compliance Requirements

  • Trading members must not deal in equity shares of Synthiko Foils Ltd from October 17, 2025
  • Trading members are required to take note of the consolidation and update their systems accordingly
  • All existing shareholders will have their holdings automatically adjusted based on the 2:1 consolidation ratio

Important Dates

  • Notice Date: October 14, 2025
  • Record Date: October 17, 2025
  • No Dealings From: October 17, 2025

Impact Assessment

Impact on Shareholders: Existing shareholders will see their share quantity reduced by half while the face value per share doubles from Rs.5/- to Rs.10/-. The total value of holdings remains unchanged. Shareholders with odd number of shares may receive fractional entitlements as per company’s terms.

Impact on Trading: Trading in Synthiko Foils Ltd shares will be suspended from the record date (October 17, 2025) to facilitate the consolidation process. Market liquidity will be temporarily affected during this period.

Impact on Market Capitalization: No impact on overall market capitalization as this is a technical adjustment of share structure without change in total equity value.

Impact Justification

Share consolidation affects existing shareholders and trading activity. Medium impact as it involves mandatory corporate action with trading restrictions from record date.