72 per cent returns from 52-week low: Board announces 1:2 stock split; August 12, 2025 fixed as record date!

India Glycols Ltd. has announced a stock split to make its shares more accessible. Each existing equity share with a face value of Rs 10 will be subdivided into two equity shares with a face value of Rs 5 each. These new shares will hold the same rights and rankings as the original shares. The company has set Tuesday, August 12, 2025, as the "Record Date" to determine which shareholders are eligible for this split, under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Established in 1988, India Glycols Ltd. (IGL) is a leading manufacturer of green technology-based bulk, specialty, and performance chemicals, alongside other diversified products like natural gums, spirits, industrial gases, sugar, and nutraceuticals. A significant portion of its business (64%) comes from Bio-based Specialties and Performance Chemicals, which includes products such as Bio-based Glycols (MEG, DEG, TEG, and Heavy Glycols), Glycol Ethers & Acetates, Ethylene Oxide Derivatives, Bio Fuel, Bio Polymers, Industrial Gases, Amines & Plasticisers. These chemicals are integral to a wide array of industries, including Food & Beverage, FMCG, Health & Personal Care, Paint, Coatings, Home Care, Automotive, Oil & Gas, Metal and Mining, and Textiles.

On Friday, shares of India Glycols Ltd plunged 1.60 per cent to Rs 1,726.75 per share from its previous closing of Rs 1,754.65 per share. The stock has a 52-week high of Rs 2,139.30 per share and a 52-week low of Rs 1,005 per share. The company has a market cap of over Rs 5,300 crore and debtor days have improved from 45.7 to 35.4 days. The stock is up by 72 per cent from its 52-week low of Rs 1,005 per share and has given multibagger returns of 530 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.