Board approves 1:1 bonus issue of 55.10 lakh equity shares

Bonus Above 1to1Corporate Actions View source PDF Explain this filing

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

Price reactionminutes from the announcement price · days from the prior close

-2.2%Reaction day

₹160.50

prior close

₹164.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.4%-1.8% vs market

Industrial Products peers, median of 137sector-0.3%-1.9% vs sector

On the reaction day the stock moved 1.8 pts less than Nifty Microcap 250 and 1.9 pts less than its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.6

10m

-2.4

15m

-2.5

30m

-4.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.2-0.4-1.8-0.3-1.9

Next day

-2.7+0.2-2.9-0.3-2.5

-2.2-0.1-2.1-0.3-1.8

-2.2+0.2-2.4-0.2-2.0

-3.4+0.5-4.0-0.4-3.0

-3.0-0.4-2.5-1.3-1.7

-4.3-0.4-3.9-0.7-3.6

15d

+5.9-2.5+8.4-1.5+7.4

+8.3+0.3+8.0-0.3+8.6

-49.7-9.4-40.3-7.6-42.1

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UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 137Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Board approved bonus issue of 55,10,237 equity shares in 1:1 ratio (1 new for every 1 held) at Rs 10 face value, funded from Retained Earnings of Rs 3167.40 lakh as on March 31, 2026. Post-bonus, paid-up capital rises to Rs 11.02 crore with 1,10,20,474 shares. Authorized capital increased from Rs 6 crore to Rs 15 crore. Record date to be notified. Needs AGM and regulatory approval. Bonus shares expected to be credited by October 23, 2026.

Likely market impact

Each shareholder gets 1 free share for every 1 held. No cash payout; share count doubles, which may improve liquidity and lower per-share price.