InfoBeans Techno. Ltd. has informed the Exchange regarding Outcome of Board Meeting held on March 02, 2026.
INFOBEAN · price
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On the reaction day the stock moved 13.0 pts less than Nifty Microcap 250 and 13.4 pts less than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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InfoBeans Technologies has allotted 7,27,19,580 fully paid-up bonus equity shares of face value Rs. 10 each in a 3:1 ratio, meaning 3 new shares for every 1 existing share held. The record date for determining eligible shareholders was February 27, 2026. As a result, the company's paid-up equity share capital has increased from Rs. 24.24 crore (24,239,860 shares) to Rs. 96.96 crore (9,69,59,440 shares), effectively quadrupling the share base. The new bonus shares will carry the same rights as existing shares. The board meeting concluded at 9:30 am on March 2, 2026.
This is a positive development for shareholders as the 3:1 bonus issue rewards existing investors with additional shares at no cost. While the share count increases fourfold, the price typically adjusts downward proportionally, so overall investment value remains unchanged immediately after the issue. The generous ratio (3:1) signals management's confidence in future growth.