SKM Egg Products Export (India) Limited has successfully completed its postal ballot process, with shareholders approving significant changes to the company's capital structure. The results were declared on December 12, 2025, following a month-long remote e-voting period that concluded on December 11, 2025.

Share Subdivision Approved with Overwhelming Support

The company's proposal to subdivide equity shares received strong shareholder backing, with the voting demonstrating clear confidence in the restructuring plan.

The subdivision will take effect from a record date to be determined by the Board of Directors. Under this restructuring, each existing fully paid-up equity share of ₹10.00 face value will be split into two fully paid-up equity shares of ₹5.00 face value each.

Voting Results and Participation

The postal ballot witnessed significant shareholder participation, with detailed voting outcomes across all three resolutions.

Capital Structure Amendments

Shareholders also approved necessary amendments to the company's governing documents to reflect the new capital structure. The Memorandum of Association and Articles of Association were altered through special resolutions, both receiving over 99.89% approval.

The amended capital clause now reflects an authorized share capital of ₹30.00 crores, divided into 6.00 crore equity shares of ₹5.00 each, maintaining the same total authorized capital while adjusting for the reduced face value.

Process and Compliance

The postal ballot was conducted in accordance with the Companies Act, 2013, and SEBI regulations. The Board of Directors approved the postal ballot proposal on October 29, 2025, with the notice dispatched to eligible shareholders on the same date.

Key process highlights include:

• Cut-off Date: November 7, 2025
• E-voting Period: November 12 to December 11, 2025
• Scrutinizer: Mr. V Ramkumar, Practicing Company Secretary
• Platform: National Securities Depository Limited (NSDL)

The company appointed Mr. V Ramkumar (FCS 8304, CP 3832) as the scrutinizer to ensure fair and transparent conduct of the voting process. All communications were sent electronically to shareholders whose email addresses were registered with the company or depositories.

Implementation Timeline

Following the successful approval, the company will proceed with implementing the share subdivision. For shares held in physical form, existing share certificates will be automatically cancelled, and new allotment advice will be issued. For dematerialized shares, the subdivided shares will be credited proportionately to shareholders' demat accounts.

The Board of Directors has been authorized to determine the record date and handle all procedural aspects of the subdivision, including necessary filings with regulatory authorities and stock exchanges.

SKM Egg Products Export (India) Limited has set Thursday, January 12, 2026, as the record date for its 1:2 stock split, positioning the FMCG stock in investor focus. The company's shares were trading at ₹349.95 per equity share, rising nearly 1% from the previous day's close of ₹346.50, with a market capitalization of ₹921.42 crore.

Stock Split Details

The Board of Directors has approved issuing stock split shares at a 1:2 ratio, effectively dividing each equity share's face value from ₹10 into two equity shares with ₹5 face value each. This corporate action will double the number of shares while maintaining the overall investment value unchanged.

For shareholders holding 1,000 shares valued at ₹10 each, the post-split holding will increase to 2,000 shares with ₹5 face value each, keeping the total investment value intact.

Business Operations and Products

SKM Egg Products Export (India) Limited operates as a leading manufacturer and exporter of egg-based products from its Erode facility in Tamil Nadu. Established in 1995 as a fully export-oriented unit under the SKM Group, the company was founded by SKM Shivkumar and specializes in producing diverse egg-based products.

The company's product portfolio includes:

• Spray-dried egg powders (whole egg powder, egg yolk powder, egg albumen powder)
• Value-added products (bakery mixes, mayonnaise blends)
• Chilled and frozen liquid eggs
• Egg white cubes

These products serve multiple industries including bakery, confectionery, noodles, pasta, meat processing, sauces, ice creams, and cosmetics. The company also manages its own 75-acre ISO-certified poultry farm in Karur since 2009 for in-house egg supply and trades poultry feed ingredients.

Global Market Presence

SKM Egg Products Export maintains a strong international presence, exporting to over 30 countries across key markets including Japan, Russia, Europe, Southeast Asia, Indonesia, the Middle East, and Vietnam. Egg powders, particularly yolk powder, drive most of the company's revenue from these global markets.

Financial Performance

The company demonstrated robust financial growth in Q2 FY26, showcasing strong operational performance across key metrics.

The company's long-term performance shows consistent growth with revenue and net profit growing at a CAGR of 9.73% and 47.58% respectively over the last five years.

The strong financial metrics reflect the company's efficient capital utilization and profitable operations in the specialized egg products manufacturing sector.