Chandrima Mercantiles Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/08/2025 ,inter alia, to consider and approve Pursuant to Regulation ....
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On the reaction day the stock moved 1.8 pts less than Nifty Microcap 250 and 3.1 pts less than its Trading & Distributors peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Chandrima Mercantiles Ltd has informed BSE that its Board of Directors will meet on Friday, 29 August 2025 at 3:00 PM at the registered office in Ahmedabad. The main item on the agenda is to consider and approve a proposal for issuing Bonus Equity Shares to the company's existing equity shareholders. The company has not yet disclosed the bonus ratio or the record date. The intimation has been filed under Regulation 29(1) of SEBI's Listing Obligations and Disclosure Requirements. The signed communication comes from Managing Director Dinesh Hareshbhai Gohel.
If the Board approves the bonus issue, existing shareholders will receive additional free shares, increasing their holding quantity. The stock may see short-term positive sentiment, but the actual impact on shareholder value will depend on the bonus ratio and record date, which are awaited.