Ami Organics announces stock split, awaits shareholder approval

Ami Organics (BSE: AMIORG) announced plans for a stock split, subject to shareholder approval via postal ballot. The board approved sub-dividing each existing equity share with a face value of ₹10 into two equity shares with a face value of ₹5 each. This initiative is designed to enhance the liquidity of the company's equity shares in the stock market and encourage greater participation from smaller investors by making the shares more affordable.