Laddu Gopal Online Services Limited has announced a board meeting approval to split each equity share of Rs. 10 into five equity shares of Rs. 2 each.

This split aims to boost market liquidity and make shares more affordable for retail investors.

Post-split, the authorized equity capital will be 15 crore shares of Rs. 2 each (total Rs. 30 Cr), and paid-up capital will be 13.48 crore shares of Rs. 2 each.

The entire process is expected to complete within two months upon shareholder approval via postal ballot.

This move could attract more investors by lowering the share price per unit.