Description

Synthiko Foils Ltd announces consolidation of equity shares from two shares of Rs.5/- each to one share of Rs.10/- each, with record date set for October 17, 2025.

Summary

BSE has notified trading members that Synthiko Foils Ltd (Scrip Code 513307) will consolidate its equity shares on October 17, 2025. The consolidation will merge two existing equity shares of Rs.5/- face value each into one equity share of Rs.10/- face value. Trading members are advised not to deal in the company’s equity shares from the record date onwards.

Key Points

  • Company: Synthiko Foils Ltd (Scrip Code: 513307)
  • Record Date: October 17, 2025
  • Consolidation Ratio: 2:1 (Two shares of Rs.5/- each consolidated into one share of Rs.10/- each)
  • No dealings permitted from October 17, 2025
  • Notice Number: DR-738/2025-2026
  • Issued by: Marian Dsouza, Assistant Vice President – Listing Operations

Regulatory Changes

No regulatory framework changes. This is a company-specific corporate action involving share capital restructuring through consolidation of equity shares.

Compliance Requirements

  • Trading members must cease all dealings in Synthiko Foils Ltd equity shares from October 17, 2025
  • Trading members must take note of the consolidation ratio and record date
  • Members should update their systems to reflect the new share structure post-consolidation

Important Dates

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

Impact Assessment

Shareholder Impact: Existing shareholders will see their shareholding adjusted based on the 2:1 consolidation ratio. Shareholders holding two shares of Rs.5/- each will receive one share of Rs.10/-. Odd lot shareholders may be affected if they hold an odd number of shares.

Trading Impact: Trading in Synthiko Foils Ltd shares will be suspended from October 17, 2025 to facilitate the consolidation process. This temporary suspension will affect liquidity and trading activity.

Operational Impact: Trading members must update their systems and records to reflect the new share structure, including revised face value and adjusted share quantities for all clients holding Synthiko Foils Ltd shares.

Impact Justification

Share consolidation affects existing shareholders of Synthiko Foils Ltd and requires trading suspension from October 17, 2025. Medium impact as it's company-specific but requires immediate action from trading members.