BSEMayank Cattle Food LtdHighPositive
Announced Tue, 7 Jul · 09:13 IST

Board approves 1:1 bonus issue, doubling paid-up share count

Corporate Actions View source PDF

Price

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Price reaction · full curve 14 horizons · vs prior close
-3.5%1-day move
₹227.10
prior close
₹231.10
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-3.5-3.6-2.7-6.6-2.2-6.2
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AI summary

Mayank Cattle Food Ltd board on 7 July 2026 approved a 1:1 bonus issue. Shareholders will receive one bonus share of face value Rs 10 for every one share held, taking paid-up capital to 1.08 crore shares from 54 lakh. About 54 lakh bonus shares worth Rs 5.4 crore will be issued by capitalising retained earnings, where free reserves stood at about Rs 15.18 crore as on 31 March 2026. Record date will be announced later, and bonus shares are expected to be credited on or before 6 September 2026. Authorised capital will also be raised from Rs 6 crore to Rs 12 crore. The issue needs shareholder approval.

Likely market impact

Share count doubles, so price adjusts proportionally on ex-date. No cash payout, funded from reserves. Awaiting shareholder approval.