Announced Mon, 20 Jul · 15:37 IST
Board to consider 1:1 bonus issue, 100 percent dividend, and vertical expansion on July 23
Corporate Actions View source PDF
AASTHA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-3.5%1-day move
₹107.00
prior close
₹117.92
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+9.4+9.4+9.4+9.4-3.5-4.0-4.1-4.7——————
Up moveDown movePending
AI summary
Aastha Spintex board meets July 23, 2026 to consider three items. First, a bonus issue of up to 1 new share for every 1 held, capitalising free reserves with no fresh funds raised. Second, a final dividend for FY26 of up to 100 percent on face value, up to Rs.10 per share. Third, entry into Grey Fabric and other value-added products under an in-house brand, using the 17,457 MT annual yarn capacity from the Falcon acquisition. Final details to follow the board decision.
Likely market impact
Bonus shares and a dividend up to Rs.10 per share if approved. Vertical expansion adds long-term growth potential. Likely positive market reaction.