Announced Tue, 7 Jul · 09:07 IST
Board approves 1:1 bonus issue of equity shares
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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————
Up moveDown movePending
AI summary
Mayank Cattle Food board approved a 1:1 bonus issue, meaning one free share for every share held. 54 lakh new shares of Rs.10 face value will be issued, capitalising Rs.5.40 crore from retained earnings. Free reserves stand at Rs.15.18 crore. Paid-up shares will double from 54 lakh to 1.08 crore. Authorised capital rises from Rs.6 crore to Rs.12 crore. Record date to be announced. Shares expected by 6 Sept 2026, subject to shareholder approval.
Likely market impact
Shareholders get one extra share per share held. Total share count doubles, usually lowering per-share price proportionally. No cash outflow. Needs member approval.