Board to consider 1:1 bonus issue, 100 percent dividend, and vertical expansion on July 23
AASTHA · price
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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.
Bonus shares and a dividend up to Rs.10 per share if approved. Vertical expansion adds long-term growth potential. Likely positive market reaction.