Hindusthan Urban Infrastructure Ltd

🔍 Hindusthan Urban Infrastructure Rebrands & Splits Shares – Key Updates

- Company renamed from 'Hindusthan Urban Infrastructure Limited' to 'Hindusthan Insulators & Industries Limited'.

- Approved 1:5 stock split – 1 share of ₹10 face value to 5 shares of ₹2 each.

- Authorized share capital increased from ₹100 crore to ₹108.5 crore.

- Post-split, authorized capital will include 5.5 crore equity shares (₹2 each) and 9.75 crore preference shares (₹10 each).

- Stock split aims to improve liquidity and attract retail investors.

- Split expected to complete within 2 months of shareholder approval.

- BSE fined the company ₹8,000 + GST for delayed shareholding pattern filing.