Bonus bonanza! This textile player announced 1:1 bonus issue, dividend just 14 sessions after market debut. Do you own?

Aastha Spintex announced a 1:1 bonus issue and a dividend of Re 0.10 per share, subject to shareholder approval, just 14 trading sessions after its market debut on July 6. The company also approved forward integration from cotton yarn into grey fabric, citing a capacity jump from 7,700 MT to 17,457 MT per annum after the Falcon acquisition. Despite the corporate action, the stock has fallen around 26% from its IPO price of Rs 136 to Rs 95.85, giving a market capitalisation of Rs 457 crore.