Silver Touch Technologies Limited's board of directors has approved a comprehensive capital restructuring plan during their meeting held on January 16, 2026. The technology company has announced significant changes to its share structure that will enhance liquidity and enable higher participation from public shareholders.

Stock Split Details

The board has approved subdividing existing equity shares from a face value of ₹10.00 each to ₹2.00 each. Under this arrangement, each current share will be split into 5 new shares, maintaining the same proportional ownership for all shareholders.

Authorized Capital Enhancement

The company has approved a two-stage increase in authorized share capital. Initially, following the stock split, the authorized capital will be reclassified to ₹16.00 crores divided into 8,00,00,000 equity shares of ₹2.00 each. Subsequently, the authorized capital will be increased to ₹46.00 crores by creating an additional ₹30.00 crores worth of equity shares, comprising 15,00,00,000 shares of ₹2.00 each.

Bonus Issue Announcement

The board has approved issuing bonus shares in a 1:1 ratio, meaning shareholders will receive one additional share for every share held. This bonus issue will be funded from the company's free reserves available as of March 31, 2025.

The bonus issue will require ₹12.68 crores from free reserves, while the company has ₹118.12 crores available for capitalization as of March 31, 2025, providing adequate coverage for the proposed bonus distribution.

Implementation Timeline and Approvals

All proposed changes require shareholder approval through postal ballot. The company has appointed M/s. Sandip Sheth & Associates, Practicing Company Secretaries, as scrutinizer for conducting the postal ballot and e-voting process. The board meeting, conducted via video conferencing, commenced at 1:00 PM IST and concluded at 2:15 PM IST on January 16, 2026.

The company expects to complete all corporate actions by March 15, 2026, subject to receiving necessary approvals from shareholders and applicable statutory authorities. The record date for determining eligible shareholders will be announced later following the completion of the postal ballot process.

Silver Touch Technologies Limited's board of directors approved a comprehensive capital restructuring plan during their meeting held on January 16, 2026. The technology company announced multiple corporate actions including stock split, bonus issue, and authorized capital increase, all subject to shareholder approval through postal ballot.

Stock Split and Share Sub-division

The board approved sub-division of equity shares from face value of ₹10.00 each to ₹2.00 each in a 1:5 ratio. This means each existing equity share of ₹10.00 face value will be split into 5 equity shares of ₹2.00 face value each. The rationale behind this split is to enhance liquidity of the company's equity shares and enable higher participation from public shareholders.

Authorized Capital Enhancement

Following the stock split, the company plans to increase its authorized share capital in two stages. Initially, the authorized capital will be reclassified to ₹16.00 crores divided into 8,00,00,000 equity shares of ₹2.00 each. Subsequently, the authorized capital will be increased by creating additional 15,00,00,000 equity shares of ₹2.00 each, taking the total authorized capital to ₹46.00 crores.

Bonus Issue Details

The board approved issuing bonus equity shares in the ratio of 1:1, meaning shareholders will receive one bonus share of ₹2.00 face value for every existing share held. The bonus issue will utilize free reserves available as of March 31, 2025, requiring ₹12.68 crores for implementation. The company has adequate free reserves of ₹118.12 crores as of March 31, 2025, to support this bonus issue.

Implementation Timeline and Process

The company expects to complete all corporate actions by March 15, 2026, subject to receiving necessary approvals from shareholders and statutory authorities. The board approved the postal ballot notice for seeking shareholder approval and appointed M/s. Sandip Sheth & Associates, Practicing Company Secretaries, as scrutinizer for conducting the postal ballot and e-voting process.

The board meeting commenced at 1:00 PM IST and concluded at 2:15 PM IST on January 16, 2026, conducted through video conferencing. All decisions were made in compliance with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, and related circulars. The outcome has been made available on the company's website at www.silvertouch.com .