Axita Cotton Limited has informed the Exchange about approval of the Allotment of Bonus Shares, in the ratio of 1:10, to eligible Members whose names appeared in the Register as on Friday, February 13, 2026 being the record date fixed for this purpose and other business.
AXITA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Axita Cotton Limited has approved the allotment of bonus shares to its eligible shareholders in the ratio of 1:10, meaning shareholders will receive 1 additional share for every 10 shares they hold. Members whose names appear in the company's register as of Friday, February 13, 2026 (the record date) will be eligible for this bonus. The bonus issuance will increase the total number of outstanding shares by about 10%. Other routine business matters were also transacted during the meeting. The company has not announced any cash dividend, buyback, or stock split alongside this bonus issue.
Eligible shareholders will see their share count increase by roughly 10% after the record date, though the share price typically adjusts downward proportionally, keeping overall value largely unchanged. The dilution in earnings per share is minimal given the modest 1:10 ratio.