Silver Touch Technologies Limited announced a significant corporate restructuring following its Board of Directors meeting held on January 16, 2026. The Board has recommended several key proposals for shareholder approval via postal ballot.

Firstly, the company plans to subdivide its equity shares from a face value of ₹10 each to ₹2 each, effectively a 1:5 stock split. This move is intended to enhance the liquidity of the company's shares and encourage greater participation from retail investors. The record date for this sub-division is yet to be determined. Concurrently, the Memorandum of Association will be altered to reflect this change, with the authorized share capital being reclassified to ₹16 crore, comprising 8 crore equity shares of ₹2 each.

Furthermore, the Board has approved an increase in the authorized share capital from ₹16 crore to ₹30 crore, by creating an additional 15 crore equity shares of ₹2 each. This increase will facilitate the proposed bonus issue.

The company also announced a bonus issue of equity shares in the ratio of 1:1. For every one equity share of ₹2 held, shareholders will receive one bonus equity share of ₹2. This bonus issue, amounting to approximately 6.34 crore shares, will be funded from the company's free reserves as of March 31, 2025. The total value of free reserves available for capitalization is ₹118.12 crore.

All these corporate actions, including the stock split and bonus issue, are expected to be completed by March 15, 2026, subject to necessary shareholder and statutory approvals. The company has also appointed M/s. Sandip Sheth & Associates as the scrutinizer for the postal ballot and e-voting process. The Board meeting commenced at 1:00 PM IST and concluded at 2:15 PM IST.