Shareholders meeting

MWL has announced the results of its postal ballot, confirming that shareholders have approved the sub-division of the company's equity shares. The face value of each equity share will be changed from Rs. 10/- to Re. 1/-. This 10-for-1 stock split aims to increase the total number of outstanding shares. For investors, this move typically enhances liquidity and makes the shares more accessible and affordable, potentially attracting a broader investor base.