Aaron Industries Limited has informed the Exchange regarding Outcome of Board Meeting held on July 23, 2025.
AARON · price
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Aaron Industries' board, meeting on July 23, 2025, approved a 1:1 bonus share issue, issuing 1,04,73,239 new equity shares of ₹10 each to double the paid-up capital from ₹10.47 crore to ₹20.95 crore. The board also increased the authorised share capital from ₹11 crore to ₹21 crore (amending the MOA) to accommodate the bonus. M/s. Dhirren R. Dave & Co. was appointed as Secretarial Auditor for five years (FY 2025-26 to FY 2029-30), subject to shareholder approval. The 12th AGM is scheduled for August 19, 2025, with August 8, 2025 fixed as the record date for the final dividend, and August 12, 2025 as the e-voting cut-off date. Bonus shares are expected to be credited by September 21, 2025, funded from free reserves and securities premium (₹22.90 crore retained earnings and ₹9.66 crore securities premium available as of March 31, 2025).
The 1:1 bonus issue effectively doubles the share count, which typically lowers the per-share price proportionally while keeping the total investment value unchanged; it is a positive signal of management confidence supported by strong reserves. The final dividend (subject to AGM approval) adds a short-term income component for shareholders holding shares as of August 8, 2025.