GUJARAT NATURAL RESOURCES LIMITED : SHARE SPLIT APPROVED

• The company approved the split/sub-division of 1 (one) equity share of face value Rs. 10/- each into 10 (ten) equity shares of face value Re. 1/- each. • The authorised share capital of the company is Rs. 1,65,00,00,000/- divided into 1,65,00,00,000 equity shares of Re. 1/- each. • The rationale behind the split is to enhance liquidity and widen the shareholder base. • The process is expected to be completed within two months from the date of shareholder approval. Impact: Neutral (Share split is a corporate action and does not change the company's market capitalization or intrinsic value.)

Gujarat Natural Resources Ltd

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