Bonus shares allotted in 1:1 ratio; share capital doubles

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

-3.8%Reaction day

₹120.00

prior close

₹115.40

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.0%-3.8% vs market

Industrial Products peers, median of 135sector-0.5%-3.3% vs sector

On the reaction day the stock moved 3.8 pts less than Nifty Microcap 250 and 3.3 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

+0.0

10m

+0.0

15m

+0.0

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.8+0.0-3.8-0.5-3.3

Next day

-8.6+1.3-9.9+0.6-9.3

-13.2+1.1-14.2+0.4-13.6

-17.5-1.7-15.8-1.9-15.6

-21.6-1.4-20.2-1.5-20.2

-25.5-0.6-24.9-1.4-24.1

-25.8+0.3-26.0-0.8-24.9

15d

-32.9-6.1-26.8-6.3-26.6

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UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 135Pending

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

AI summary

Board approved allotment of 55,10,237 fully paid-up bonus equity shares of Rs 10 each in 1:1 ratio (1 new share for every 1 existing share). Record date was October 1, 2026. Paid-up share capital doubles from Rs 5.51 crore to Rs 11.02 crore. Bonus shares rank pari-passu with existing shares and will be credited within statutory time limits.

Likely market impact

Share count doubles and price adjusts downward proportionally; no cash benefit but doubles holding quantity for existing shareholders.