Space Incubatrics Technologies Ltd, a penny stock under Rs 2 locked in upper circuit as Board is likely to announce stock split!

DSIJ Intelligence-1 / 16 Oct 2025/ Categories: Bonus and Spilt Shares, Penny Stocks, Trending

Space Incubatrics Technologies Ltd, a penny stock under Rs 2 locked in upper circuit as Board is likely to announce stock split!

The company has a market cap of Rs 6.33 crore and the stock is up by 37 per cent from its 52-week low of Rs 1.32 per share.

Space Incubatrics Technologies Ltd informed that the Board of Directors of the company is scheduled to be held a meeting on October 15, 2025 at Registered Office Pawan Puri, Ghaziabad, Muradnagar, Uttar Pradesh, 201206, is hereby reschedule to October 24, 2025 due to non-availability of the requisite number of Directors of the Companies Act, 2013, with addition in agenda in prior intimation filed dated: October 09, 2025 with respect to following:

The New Agendas are hereby given below:

  1. To consider and approve the Unaudited Financial Results of the company for the quarter & half-year ended on September 30, 2025.
  2. Proposal for stock split of equity shares of the company.
  3. Amendment to the capital clause of the memorandum of association of the company, subject to the approval of the shareholders, to reflect the changes arising from the proposed stock split.
  4. Any other agenda.
With DSIJ's Penny Pick, you gain access to carefully researched Penny Stocks that could be tomorrow’s leaders. Ideal for investors seeking high-growth plays with minimal capital. Click here to download the PDF guide

About the Company

Incorporated in 2016, Space Incubatrics Technologies Ltd (SITL) was originally established to focus on developing data communication services, incubation facilities, training, and value-added services, primarily in app development, software imports, and exports for the software startup industry. The company is now also engaged in the business of textiles and intends to expand its operations to include trading activities in all types of goods.

On Thursday, shares of Space Incubatrics Technologies Ltd (SITL) hit a 5 per cent Upper Circuit to Rs 1.83 per share from its previous closing of Rs 1.75 per share with a 4 times Spurt in Volume. The company has a market cap of Rs 6.33 crore and the stock is up by 37 per cent from its 52-week low of Rs 1.32 per share.

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