Balmer Lawrie Board Decides Not to Recommend Splitting of Equity Share Capital
Balmer Lawrie & Company Limited, a Government of India Enterprise, announced that its Board of Directors held a meeting on May 17, 2026, to discuss the company's capital structure. The board analyzed the Consolidated Guidelines on general principles and mechanism for Capital Restructuring of CPSEs, which were issued by the Ministry of Finance, Department of Investment and Public Asset Management, bearing Office Memorandum no. F.No. 5/2/2016-Policy dated November 18, 2024.Following a detailed deliberation on the guidelines, the Board of Directors concluded and decided not to recommend the Splitting of Equity Share Capital of the company.
BALMLAWRIE Stock Price Movement
On Friday, Balmer Lawrie & Company Limited shares edged higher, closing at ₹194.54, gaining 0.21% for the session. The stock processed 473,577 shares, completing the day's upward move of ₹0.40 from its previous close.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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