BSEMacfos LtdLowNeutral
Announced Thu, 29 Jan · 16:37 IST

Pursuant to Regulation 30 read with Schedule II of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('the Listing Regulation'), we hereby enclose a copy of the ....

Board & Shareholder Meetings View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Macfos Ltd has issued a Postal Ballot Notice seeking shareholder approval for a bonus issue in the ratio of 1 equity share for every 10 equity shares held. The company plans to capitalize ₹94,16,820 from its Securities Premium Account (as per audited financials for FY ending March 31, 2025) to issue and allot bonus shares of ₹10 each. Post-issue, paid-up equity share capital will increase from 94,16,821 shares (₹9,41,68,210) to 1,03,58,503 shares (₹10,35,85,030). The Board approved the proposal on January 28, 2026, with the cut-off date for eligibility set as January 23, 2026. E-voting is open from January 30, 2026 (9:00 AM) to February 28, 2026 (5:00 PM) via NSDL.

Likely market impact

This is a positive signal for existing shareholders as bonus shares reward loyalty and typically improve liquidity while making shares more affordable. Since it is being issued from Securities Premium Account (not free reserves), shareholder cost basis is not affected, and EPS will dilute proportionally. Watch the stock for price adjustment on the ex-bonus date post-approval.