Overview

• Shares jumped roughly 14–17% in early trade, with intraday highs reported between Rs 267 and Rs 271.
• The meeting notice says directors will consider an interim dividend, a stock split, a bonus issue and an increase in authorised share capital.
• Following the surge, the company’s market capitalization was reported at about Rs 2,976 crore.
• The filing states trading in the company’s securities will remain closed for 48 hours after the board meeting concludes.
• The rally comes after a steep pullback this year and over 12 months, though the stock has delivered strong five- and ten-year gains.