AGI Infra Ltd, an Indian infrastructure company, announces a stock split from Rs. 10 to Rs. 5 per share, effective February 7, 2025, enhancing liquidity and investor access.
AGI Infra Ltd, a prominent player in the infrastructure and construction sector, has announced a stock split, reducing its share price from Rs. 10 to Rs. 5 per share. The stock split is set to take place on February 7, 2025, which is expected to enhance liquidity and make the stock more accessible to retail investors.
AGI Infra Ltd is a well-established company in India, recognized for its work in civil engineering, road construction, and real estate development. The company’s services span across infrastructure projects such as highways, bridges, and residential complexes, contributing significantly to India’s infrastructure development.
The decision to conduct a stock split comes as part of AGI Infra’s ongoing efforts to broaden its shareholder base and increase its market presence. By splitting its stock, the company aims to attract more investors, particularly smaller retail investors, by reducing the price per share while maintaining the overall value.
As part of the stock split, each existing share with a face value of Rs. 10 will be divided into two shares with a reduced face value of Rs. 5. The split is expected to improve the liquidity of AGI Infra’s shares, making them more affordable to a wider group of investors.
The stock split, which is scheduled for February 7, 2025, will be followed by the necessary adjustments in the market. Investors are encouraged to stay updated with further announcements from the company.
About AGI Infra Ltd
Founded in 2000, AGI Infra Ltd specializes in infrastructure development across various sectors, including transportation, real estate, and utilities. The company is committed to delivering high-quality engineering services and contributing to the sustainable development of India’s infrastructure.
