Websol Energy System to Evaluate Share Split, Board Meeting Scheduled
Websol Energy System Ltd has announced plans to evaluate a potential split of its shares. The company's Board of Directors will meet on September 1, 2025, to discuss and potentially approve this corporate action. The board will consider sub-dividing the existing equity shares with a face value of Rs. 10.00 each and may alter the Capital Clause of the company's Memorandum of Association. These changes, if approved, will be made in compliance with relevant sections of the Companies Act, 2013.

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Websol Energy System Ltd has announced plans to evaluate a potential split of its shares, as part of a strategic review of its corporate structure. The company's Board of Directors is set to meet on September 1, 2025, to discuss and potentially approve this significant corporate action.
Key Points
Board Meeting Date: The company's Board of Directors will convene on Monday, September 1, 2025, at 2:30 PM through video conferencing or other audio-visual means.
Share Split Proposal: The board will consider a proposal to alter the company's share capital by sub-dividing or splitting the existing equity shares with a face value of Rs. 10.00 each.
Current Share Structure: Presently, Websol Energy System's equity shares have a face value of Rs. 10.00 each, fully paid up.
Memorandum of Association: The board will also discuss potential alterations to the Capital Clause of the company's Memorandum of Association, subject to shareholder approval.
Regulatory Compliance: The proposed changes will be made in accordance with Sections 13, 61, and 64 of the Companies Act, 2013, and other applicable rules.
Implications of the Share Split
If approved, the share split could potentially increase the liquidity of Websol Energy System's stock in the market. By reducing the face value of each share, the company aims to make its shares more accessible to a broader range of investors, particularly retail investors.
It's important to note that while a share split increases the number of outstanding shares, it does not affect the company's market capitalization or the proportionate ownership of existing shareholders.
Websol Energy System, a player in the solar energy sector, has made this announcement as part of its ongoing efforts to enhance shareholder value and improve stock market performance. The company's management believes that this strategic move could potentially benefit both the company and its shareholders in the long run.
Investors and market participants are advised to keep a close watch on the outcome of the board meeting scheduled for September 1, 2025. The final decision on the share split and any changes to the company's share capital structure will be subject to necessary regulatory and shareholder approvals.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own research and consult with financial advisors before making investment decisions.
Historical Stock Returns for Websol Energy System
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
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+3.03% | +0.38% | -4.13% | +41.98% | +39.86% | +6,740.62% |