Maestros Electronics board approves 1:1 bonus issue of 55.10 lakh shares
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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.
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Board has approved a 1:1 bonus issue of 55,10,237 equity shares of Rs 10 each, doubling the share count from 55.10 lakh to 1.10 crore shares. The bonus will be issued by capitalizing Rs 5.51 crore from retained earnings, with Rs 3167.40 lakh available as on March 31, 2026. Pending AGM and regulatory approvals. Record date to be notified later. Bonus shares to be credited by October 23, 2026.
Each shareholder gets one extra share for every share held. Share count doubles; stock price usually adjusts lower proportionally. Not a cash gain but adds liquidity.