SKM Egg Products Export (India) Limited has successfully completed its equity share subdivision process, with both major depositories confirming the credit of subdivided shares under the new ISIN. The company announced on January 14, 2026, that the subdivision of equity shares from a face value of ₹10.00 each into two equity shares of ₹5.00 each has been executed by National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL).

Share Subdivision Details

The subdivision process involved converting each existing equity share with a face value of ₹10.00 into two new equity shares with a face value of ₹5.00 each. The subdivided shares have been credited under the new ISIN INE411D01023, replacing the previous ISIN INE411D01015. This corporate action was executed on January 13, 2026, across both depositories.

Depository Confirmations

Both NSDL and CDSL have provided confirmation letters regarding the successful processing of the share subdivision:

NSDL processed the subdivision across 9,194 records, debiting 16,551,892.00 shares under the old ISIN INE411D01015 and crediting 33,103,784.00 shares under the new ISIN INE411D01023. CDSL handled 20,951 records, debiting 7,964,688 shares from the old ISIN and crediting 15,929,376 shares to the new ISIN.

Corporate Action Implementation

The subdivision was executed through the company's Registrar and Transfer Agent, MUFG INTIME INDIA PRIVATE LIMITED. The corporate action was processed systematically across both depositories, ensuring accurate credit and debit of shares in investor accounts. The company had previously intimated the exchanges about this subdivision on December 15, 2025.

Regulatory Compliance

SKM Egg Products Export (India) Limited has informed both the National Stock Exchange of India Limited and Bombay Stock Exchange Limited about the completion of the subdivision process. The company provided confirmation letters from both depositories as supporting documentation. Company Secretary P. Sekar signed the intimation letter, ensuring compliance with regulatory requirements for corporate actions.

The successful completion of this share subdivision process demonstrates the company's commitment to enhancing share liquidity and making its equity more accessible to a broader range of investors through the reduced face value structure.

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.