Stock split 2025, Feb. 24 -- Shares of small-cap stock Ami Organics gained over 2% in intra-day trade on Monday, February 24, after the company's board approved a stock split in the ratio of 1:2.
The board of directors met on Friday, February 21, and considered and approved the... "sub-division/split of the existing 1 (one) equity share of the Company having face value of Rs.10/- (Rupees Ten only) each fully paid- up, into 2 (Two) equity shares having face value of Rs. 5/- (Rupees Five only) each, fully paid- up, by alteration of Capital Clause of the Memorandum of Association of the Company, subject to approval of the shareholders by way of Postal Ballot and any regulatory/ statutory approvals, as may be required under applicable laws,"...
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