Shantai Industries Limited has announced a board meeting outcome, where the Board of Directors approved the sub-division of its equity shares.

Each existing share of Rs. 10 will be split into five shares of Rs. 2, with a record date set for May 9, 2025. This move aims to increase liquidity and make shares more accessible to a broader range of investors.

The share split could enhance investor sentiment, potentially leading to a positive outlook as it may attract new investors and foster trading activity in their stock.