AGI Infra Ltd. held a board meeting on August 4, 2025, where it approved a stock split in the ratio of 1:5, as per a recent filing. Each fully paid-up equity share with a face value of ₹5 will be split into five equity shares of ₹1 each.
The stock split is subject to shareholder approval through a postal ballot. The company has also approved the postal ballot notice. A record date for the split will be announced after receiving the necessary approvals from shareholders. This is the second stock split for AGI Infra, which previously announced a 1:2 split in December 2024.
Alongside the split, the board has approved changes to Clause 5 of the Memorandum of Association to reflect the updated share structure. The authorised share capital will remain ₹15 crore but will now be divided into 15 crore equity shares of ₹1 each.
Before the split, AGI Infra had 3 crore authorised shares of ₹5 face value, totalling ₹15 crore. The issued, paid-up, and subscribed share capital stood at 2.44 crore shares, or ₹12.21 crore. Post-split, the same value will now reflect a higher number of shares, 12.21 crore of ₹1 each.
Mr. Madan Lal Arora from M.L. Arora & Associates has been appointed as the scrutiniser for the postal ballot and e-voting process. The company stated that the process will be carried out in a fair and transparent manner.
Read More: Asian Paints and PPG Group Renew Partnership to Boost Industrial Coatings Business!
As of 11:12 AM on August 5, 2025, AGI Infra share price was trading at ₹1,075.40, a 0.28% decrease.
This is the company’s second stock split. A 1:2 split had earlier been announced in December 2024. No changes have been proposed to the overall capital amount, only the denomination and number of shares.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Aug 5, 2025, 11:34 AM IST
Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates