eClerx Services Limited has informed the Exchange regarding 'Allotment of Bonus Shares'.
ECLERX · price
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eClerx Services has allotted 4,70,25,359 fully paid-up bonus equity shares of Rs. 10 each in a 1:1 ratio to eligible shareholders whose names appeared on the register as of the record date, March 13, 2026. The bonus was approved by the Stakeholders' Relationship Committee on March 16, 2026 via circular resolution. Consequently, the company's paid-up equity share capital has doubled from Rs. 47.02 crore (4.7 crore shares) to Rs. 94.05 crore (9.4 crore shares). The new bonus shares will rank pari-passu with existing shares and are expected to be credited to demat accounts within statutory timelines.
A 1:1 bonus issue is a shareholder-friendly move that rewards existing investors and improves share liquidity, but it does not change the overall value of holdings since the share price adjusts downward proportionally on the ex-date. Short-term price action may show volatility around the ex-bonus date, though fundamentals remain unchanged.