WATERWAYS LEISURE TOURISM LIMITED : BOARD APPROVES SHARE SPLIT

• Board approved proposal to sub-divide existing equity shares of Rs. 10 each into 10 equity shares of Re. 1 each. • Subject to shareholder approval and alteration of the Capital Clause of the Memorandum of Association. • Rationale for split is to enhance liquidity and make shares more affordable and accessible to a wider investor base. • Stock split expected to increase trading volumes and broaden shareholder base. • Sub-division does not affect overall capital structure or intrinsic value. • Impact: Positive (Share split aims to improve liquidity and broaden shareholder base)

Waterways Leisure Tourism Limited

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