Bharat Rasayan approves 1-for-2 share split and recommends 1-for-1 bonus

Stock SplitCorporate Actions View source PDF Explain this filing

BHARATRAS · price

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Price reactionminutes from the announcement price · days from the prior close

-7.1%Reaction day

₹2931.00

prior close

₹2725.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%-7.5% vs market

Pesticides & Agrochemicals peers, median of 26sector+0.0%-7.1% vs sector

On the reaction day the stock moved 7.5 pts less than Nifty Microcap 250 and 7.1 pts less than its Pesticides & Agrochemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.9

10m

+1.8

15m

+1.5

30m

+1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-7.1+0.4-7.5+0.0-7.1

Next day

-5.6+0.6-6.2+0.4-5.9

-7.2+1.1-8.3+0.4-7.6

-7.8+0.9-8.7-0.3-7.6

-7.6+0.6-8.2-2.7-4.9

-8.5+1.6-10.2-2.4-6.1

-7.0-0.8-6.2-4.7-2.3

15d

-12.9-0.6-12.3-8.8-4.1

-11.3-2.2-9.1-7.7-3.6

-21.9-6.0-16.0-8.9-13.1

-43.1-13.1-30.0-13.8-29.3

UpDownMarket · Nifty Microcap 250Sector · Pesticides & Agrochemicals peers, median of 26Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The board approved splitting 4,155,268 shares of Rs 10 each into 8,310,536 shares of Rs 5 each and recommended a 1-for-1 bonus of 8,310,536 new shares, taking paid-up shares to 16,621,072. Both plans need shareholder approval, and the record date is yet to be fixed. The split aims to improve liquidity and make shares more affordable for small investors.

Likely market impact

The split may improve liquidity, while the 1-for-1 bonus rewards holders. Neither changes total value alone, and both need shareholder approval.