This sub-division will not change the overall authorised share capital of the company but will proportionately increase the number of equity shares in circulation
Aayush Wellness Limited, erstwhile Aayush Food and Herbs Limited, a leading organisation in the health and wellness solutions industry got approval from its Board of Directors for Sub-division/Split of its existing fully paid-up equity shares. This strategic move involves the sub-division of 1 (one) equity share having a face value of Rs 10/- (Rupees Ten only) each into 10 (ten) equity shares with a face value of Re. 1/- (Rupee One only) each.
The Company has seen growing investor interest and the market cap is also nearing Rs 100 Cr. The decision to alter the face value of equity shares aims to enhance liquidity in the capital market, making the shares more accessible to a broader range of investors. This sub-division will not change the overall authorised share capital of the company but will proportionately increase the number of equity shares in circulation. It will also encourage the participation of small investors and retail investors by making the company’s share more economical to the investor.
The Company has also recently re-branded its name to “Aayush Wellness Limited”. This is a significant development as it reflects the company’s intention to broaden its product offerings and business expansion.