Board approves 1:1 bonus and 1:2 share split, pending shareholder approval
BHARATRAS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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.
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On October 24, the board approved splitting 4,155,268 equity shares of Rs 10 each into 8,310,536 shares of Rs 5 each, followed by a 1:1 bonus of 83,310,536 new shares. Paid-up capital would rise to Rs 8.31 crore and share count to 16,621,072. Shareholder approval is required; bonus credit is targeted by December 23, 2025.
Paid-up capital and share count would double, without changing overall equity. This may improve liquidity, subject to shareholder approval.