Please find enclosed herewith the outcome of Board meeting for issue of bonus Shares and other matter as decided by Board of Director of Company
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board of Julien Agro Infratech Ltd (formerly Silverpoint Infratech Ltd), at its meeting on August 18, 2025, approved a bonus issue of equity shares in the ratio of 1:1, meaning one bonus share of Rs. 5 face value for every one existing share held. The bonus will be funded by capitalizing up to Rs. 29.79 crore from the Securities Premium & Free Reserves, which stand at Rs. 41.54 crore per unaudited financials. Post-bonus, paid-up equity shares will double from roughly 59.58 lakh to about 1.19 crore shares, and the authorized capital will be raised from Rs. 30 crore to Rs. 60 crore. The record date for eligibility will be announced later. The board also approved the FY25 Directors' Report, re-appointment of Mr. Sandip Dalmia, appointment of two new independent directors (Mrs. Roshni Gadia and Mrs. Kalpana Tekriwal), and scheduled the 28th AGM for September 20, 2025.
Eligible shareholders will effectively double their shareholding once the bonus is allotted, subject to shareholder approval. The stock price usually adjusts downward on a proportional basis after the ex-date, so the overall value of the holding stays broadly the same but share liquidity improves due to the higher number of shares in the market.