Bansal Wire Industries Limited has issued a regulatory disclosure under SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, specifically Regulation 29, providing prior intimation of an upcoming Board meeting.
The Board of Directors meeting is scheduled to be held on Wednesday, August 12, 2026. The primary agenda item is to consider the proposal for sub-division/split of the company's existing equity shares. The current shares have a face value of ₹5 each and are fully paid up. The exact manner and ratio of the split will be determined by the Board of Directors.
The implementation of the stock split is subject to two key conditions: (1) approval of the shareholders of the Company, and (2) other requisite regulatory approvals.
In compliance with the company's "Code of Conduct to Regulate, Monitor and Report Trading by Designated Persons," the Trading Window for dealing in the equity shares of the Company has been closed with immediate effect. The closure will remain in force until Friday, August 14, 2026.