Space Incubatrics Technologies Limited has reported a significant turnaround in its financial performance for the quarter ended September 30, 2025, along with a proposal for a stock split to enhance liquidity.

Financial Performance

The company has posted a net profit of ₹955.99 lakh for the quarter ended September 30, 2025, marking a substantial improvement from a profit of ₹4.65 lakh in the previous quarter. For the six-month period, Space Incubatrics Technologies recorded a profit of ₹960.64 lakh, compared to a loss of ₹9.90 lakh in the corresponding period last year.

Here's a breakdown of the key financial metrics:

The company's total revenue from operations for the six-month period stood at ₹2,010.25 lakh, with a significant increase in the second quarter of FY2026.

Stock Split Proposal

The Board of Directors of Space Incubatrics Technologies has approved a proposal for a stock split. The key details of the proposed split are:

• Current face value: ₹10 per share
• Proposed face value post-split: ₹1 per share
• Split ratio: 1:10 (one existing share will be subdivided into ten shares)

The stock split is subject to shareholder approval and is expected to be completed within 2-3 months following the approval.

Rationale and Impact

The company stated that the primary objective of the stock split is to enhance the liquidity of its shares in the market and make them more affordable for retail investors. This move is expected to broaden the shareholder base and potentially increase trading volumes.

Other Corporate Actions

Along with the financial results and stock split proposal, the Board of Directors has also approved:

1. An amendment to the Capital Clause of the Memorandum of Association to reflect the changes arising from the proposed stock split, subject to shareholder approval.
2. The company confirmed that it has not entered into any Related Party Transactions (RPT) for the quarter and half-year ended September 30, 2025.
3. Space Incubatrics Technologies also clarified that Regulation 32 of SEBI (LODR) Regulations, 2015, regarding the statement of deviation or variation in the use of funds raised through public, rights, or preferential issues, is not applicable to the company as it has not issued any shares through these routes during the period.

Investors and market participants will be closely watching the upcoming shareholder meeting where the stock split proposal will be put to vote. If approved, the split could potentially lead to increased market participation and liquidity for Space Incubatrics Technologies shares.

The company's strong financial performance, coupled with the proposed stock split, signals a positive outlook and a strategic move to enhance shareholder value.

Space Incubatrics Technologies Limited has announced significant corporate actions following a board meeting held on October 16, 2025. The board approved several key decisions, including the reclassification of certain shareholders and the appointment of new key personnel.

Promoter Reclassification

The board has approved the reclassification of six shareholders from the "Promoter/Promoter Group" category to the "Public" category. This decision comes in response to a request from these shareholders and in compliance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The shareholders affected by this reclassification are:

The board noted that these shareholders collectively hold 92 shares, representing a negligible percentage of the company's paid-up capital. The reclassification is subject to approval from the BSE Limited and other statutory authorities as required.

Key Appointments

In addition to the reclassification, the board made two significant appointments:

1. Statutory Auditor: M/S. V R S K & ASSOCIATES (Firm Registration No. 011199N) has been appointed as the Statutory Auditor of the company to fill a casual vacancy, effective from October 16, 2025.

2. Company Secretary & Compliance Officer: Ms. Rashi Singhal has been appointed as the Company Secretary & Compliance Officer, effective from October 16, 2025. Ms. Singhal is an Associate Member of the Institute of Company Secretaries of India with membership number ACS24578.

Additional Information

The board meeting, which was originally scheduled for October 15, 2025, has been rescheduled to October 24, 2025, due to the non-availability of the requisite number of Directors. The company has also added new agenda items for the upcoming meeting, including:

• Consideration and approval of Un-Audited Financial Results for the Quarter & Half year ended September 30, 2025
• Proposal for a stock split of equity shares
• Amendment to the Capital Clause of the Memorandum of Association, subject to shareholder approval, to reflect changes arising from the proposed stock split

These corporate actions reflect Space Incubatrics Technologies Limited's commitment to maintaining transparency and adhering to regulatory requirements while also making strategic changes to its governance structure.