BSEChandrima Mercantiles LtdMediumPositive
Announced Sat, 4 Oct · 15:22 IST

Intimation of Record date for issue of Bonus Equity Shares

Corporate Actions View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Chandrima Mercantiles Ltd has fixed Thursday, October 9, 2025, as the record date to determine which shareholders are eligible for bonus shares. The company will issue 1 bonus equity share of Re. 1.00 each for every 2 existing equity shares held, meaning shareholders will receive 1 free share for every 2 shares they own (a 1:2 ratio). The deemed date of allotment is Friday, October 10, 2025. This is a corporate action rewarding existing shareholders with additional free shares, increasing the total share count by 50%.

Likely market impact

Shareholders on the record date will receive additional free shares, which typically increases liquidity and may lower the per-share price proportionally. No cash outlay is required from shareholders, but existing shareholding value remains the same immediately after allotment.