Core Viewpoint - Lytus Technologies Holdings PTV. Ltd. plans to implement a reverse stock split at a ratio of 1-for-2,500 to increase the market price of its common shares and meet NYSE American listing requirements [1][3]. Group 1: Reverse Stock Split Details - The reverse stock split will take effect on September 26, 2025, and trading will commence on a split-adjusted basis under the existing symbol "LYTHF" [2]. - No fractional shares will be issued; any resulting fractional shares will be rounded up to the next whole number [4]. Group 2: Company Background - Lytus Technologies is a platform services company primarily operating in India, focusing on linear content streaming, telemedicine, and fintech [5]. - The company aims to consolidate its subscriber base for future technology services while enhancing its technology platform for improved service delivery [5].
Lytus Technologies Holdings PTV. Ltd. Announces 1-for-2,500 Reverse Stock Split
Globenewswireยท2025-09-25 22:09