Axita Cotton Limited has informed the Exchange about copies of the newspaper publications pertaining to Notice of Postal Ballot and E-Voting of the Company, published on January 08, 2026.
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Axita Cotton Limited has informed the stock exchanges about publishing newspaper advertisements on January 08, 2026, regarding its Postal Ballot and E-Voting notice. The notice seeks shareholder approval for the issuance of Bonus Shares in a 1:10 ratio (1 bonus equity share of Re. 1 each for every 10 existing equity shares held). The Postal Ballot notice was originally dated January 05, 2026. The e-voting period runs from January 08, 2026 (9:00 AM) to February 06, 2026 (5:00 PM), with NSDL as the e-voting service provider. The Record Date for determining eligible shareholders has been fixed as February 13, 2026. The advertisements were published in Financial Express (English, All India) and Ahmedabad Express (Gujarati, Regional edition).
Shareholders holding Axita Cotton shares as of the Record Date (February 13, 2026) stand to receive 1 free bonus share for every 10 shares held, subject to approval through the ongoing postal ballot. Bonus issues are generally viewed positively as they reward existing shareholders without dilution cost, though they do not change the overall value of holdings.