Allotment of 11,10,56,500 Bonus Equity Shares.
Price
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Chandrima Mercantiles has allotted 11,10,56,500 fully paid-up bonus equity shares of Re. 1 each to its shareholders. The bonus was issued in a 1:2 ratio, meaning one bonus share for every two shares held. The record date for eligibility was 9th October 2025. As a result, the company's total issued equity shares have increased from 22,21,13,000 to 33,31,69,500, a 50% expansion in share count. The new shares carry the same rights as existing shares, including dividend entitlement. The board approved this at its meeting on 10th October 2025.
Shareholders now hold 50% more shares, but the share price will adjust proportionally downward, so the overall value of holdings typically remains unchanged immediately after allotment. This is a capital restructuring event and does not change the company's underlying value.