India Glycols Ltd, a leading player in the chemicals and spirits industry, has declared a stock split aimed at improving liquidity and making its equity shares more affordable for investors. As part of this corporate action, each existing equity share with a face value of ₹10 will be split into two equity shares with a face value of ₹5 each.
The newly subdivided shares will carry identical rights, privileges, and obligations as the original shares, ensuring no change in shareholder entitlements.
To determine eligibility for the stock split, the company has fixed Tuesday, August 12, 2025, as the Record Date, in compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
India Glycols said in an exchange filing dated July 25, “ Further to our letter bearing no. IGL/SE/2025-26/24 dated 23rd July, 2025 intimating about the approval granted by the Members through Postal Ballot on Tuesday, 22nd July, 2025 to subdivide/split the equity share of the Company and pursuant to Regulation 42 of the Securities and Exchange Board of India Regulations, 2015, we wish to inform you that the Company has fixed Tuesday, 12th August, 2025 as the “Record Date” for the stock split.
The sub-division/split of equity shares of the Company, such that 1 (One) equity share having face value of ₹10/- (Rupees Ten only) each, fully paid-up, be sub-divided/split into 2 (Two) equity shares having face value of ₹5/- (Rupees Five only) each, fully paid up, ranking pari passu with each other in all respects.”
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On July 29, 2025, India Glycols shares rose over 3%, reaching a day high of ₹1739.95 at 12:10 PM as compared to the previous close of ₹1668.60. India Glycols shares have delivered a return of 45.20% in the past one year as compared to –0.61% by Nifty 50 and –7.69% by Nifty Commodities.
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Published on: Jul 29, 2025, 12:30 PM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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