MediumPositive
Announced Mon, 20 Jul · 17:22 IST
Aastha Spintex sets board meeting date to consider and approve 1:1 bonus shares, 100% final dividend
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Gujarat-based cotton yarn maker Aastha Spintex has scheduled a board meeting on 23 July 2026 to consider a 1:1 bonus share issue and a final dividend of up to 100 percent (up to about ₹10 per share on a face value of ₹10). The bonus issue will be funded through capitalisation of free reserves with no fresh capital being raised. The company, which listed on NSE and BSE on 6 July 2026, is also expanding spinning capacity from 7,700 MT to 17,457 MT via the Falcon Yarns acquisition.