Board recommends the Bonus Issue of shares.
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The Board of Hamps Bio Ltd, at its meeting on July 29, 2025, recommended a bonus issue in the ratio of 1:1 — one free equity share for every one share held — subject to shareholder approval at the 18th AGM on August 29, 2025. The company will issue 43,56,000 new equity shares of Rs. 10 each, taking the paid-up capital from Rs. 4.356 crore to Rs. 8.712 crore. The bonus will be funded from securities premium of Rs. 394.57 lakhs and free reserves of Rs. 49.88 lakhs (total Rs. 444.45 lakhs as on March 31, 2025). The authorised share capital will also be increased accordingly, with bonus shares expected to be credited by September 28, 2025.
Existing shareholders will see their share count double at no extra cost, though the stock price typically adjusts lower on the ex-date so overall wealth stays largely unchanged. The move signals management confidence in the company's reserves and is generally viewed as a shareholder-friendly gesture.