Friday Nov 21, 2025
Friday Nov 21, 2025
Friday, 21 November 2025 05:44 - - {{hitsCtrl.values.hits}}
Bairaha Farms yesterday said that its proposed 1-for-5 share split will take place following shareholder approval at an Extraordinary General Meeting (EGM) scheduled for 17 December.
Subject to approval, the subdivision will be carried out based on the shareholding as at 19 December.
The company said its shares will be suspended from trading from 18 December to 24 December, with trading on the subdivided shares set to commence on 26 December.
The Board has recommended a share split on a 1-for-5 basis.
This will increase the number of issued ordinary shares from 17.6 million to 88 million, while the stated capital will remain unchanged at Rs. 536.3 million.
The share closed at Rs. 450 yesterday, up Rs. 1.25 from the previous close.
