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Zuma Resources approves a five-for-one stock split, reducing the face value of shares from Rs10 to Rs2.

Zuma Resources Limited has approved a five-for-one share split following the passage of a special resolution at its Extraordinary General Meeting held on August 1, 2026.

Under the approved resolution, the face value of each ordinary share will be reduced from Rs10 to Rs2, with every existing share subdivided into five ordinary shares. The company clarified that the subdivision will not alter the rights or privileges attached to shareholders' holdings.

Following the share split, Zuma Resources' issued, subscribed and paid-up share capital will remain unchanged at Rs141 million, while the total number of issued ordinary shares will increase from 14.1 million to 70.5 million. The company's authorized share capital will remain Rs350 million, divided into 175 million ordinary shares of Rs2 each.

Shareholders also passed an ordinary resolution approving remuneration of up to Rs15 million, including allowances and other employment benefits, for the Chief Executive Officer and one full-time working director for the financial year ending June 30, 2027.

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