PC Jeweller Limited has announced a board meeting scheduled for September 30, 2024, to consider a sub-division or stock split of its existing equity shares. The company’s Board of Directors will discuss altering the share capital by splitting the Rs. 10 face value equity shares into smaller denominations, as deemed appropriate by the board.
In addition to the stock split, the board will also consider the appointment of new Directors, if necessary, during the same meeting. Any alteration in the Memorandum of Association will be approved accordingly based on the stock split decision.
As per SEBI regulations, the company’s trading window has been closed for designated persons until two days after the declaration of the unaudited financial results for the quarter and six months ending on September 30, 2024.
