Description
NSE announces face value split of India Glycols Limited shares from Rs. 10 to Rs. 5 effective August 12, 2025.
Summary
National Stock Exchange of India has announced a face value split for India Glycols Limited (INDIAGLYCO). The face value and paid-up value of equity shares will be reduced from Rs. 10 to Rs. 5 per share, effective August 12, 2025.
Key Points
- Company: India Glycols Limited (Symbol: INDIAGLYCO)
- Current face value and paid-up value: Rs. 10 per share
- New face value and paid-up value: Rs. 5 per share
- Effective date: August 12, 2025
- Circular reference: NSE/CML/69380, Circular No. 1394/2025
Regulatory Changes
The face value split represents a corporate restructuring action that will result in shareholders receiving additional shares proportionate to their existing holdings, while maintaining the same total value of their investment.
Compliance Requirements
- All NSE members must note the change in face value effective from the specified date
- Trading systems and records must be updated to reflect the new face value
- Shareholders will receive adjusted number of shares based on the split ratio
Important Dates
- Effective Date: August 12, 2025
- Circular Date: July 30, 2025
Impact Assessment
The face value split will increase the number of outstanding shares while reducing the face value per share. This is typically done to make shares more affordable and improve liquidity. Existing shareholders will maintain their proportionate ownership in the company.
Impact Justification
Corporate action affecting share structure but routine in nature