The Board of Directors of the Company had decided to issue Bonus Shares in the ratio of 1:1
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Julien Agro Infratech Ltd has announced a bonus issue of equity shares in the ratio of 1:1, meaning one bonus share for every one share held by shareholders. The bonus shares of Rs. 5 face value will be issued by capitalising up to Rs. 29.79 crore from Securities Premium and Free Reserves. The company's paid-up share count will double from approximately 59.58 lakh shares to 1.19 crore shares, and authorised capital is being raised from Rs. 30 crore to Rs. 60 crore. The record date for eligibility will be announced later, and the bonus is subject to shareholder approval at the AGM scheduled for September 20, 2025. The board also approved the appointment of two new independent directors and re-appointment of a retiring director.
Eligible shareholders will receive one additional share for each share they own, effectively doubling their shareholding quantity, though the overall value remains the same immediately after issuance. The stock price typically adjusts downward on the ex-bonus date to reflect the increased share count.