Announced Tue, 7 Jul · 09:22 IST
Mayank Cattle Food board approves 1:1 bonus share issue
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
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base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-3.5-3.6-2.7-6.6-2.2-6.2-6.6———
Up moveDown movePending
AI summary
Board approved a 1:1 bonus issue, giving one free share for each share held, by capitalising Rs 5.40 crore from retained earnings. Paid-up shares will double from 54 lakh to 1.08 crore. Authorised capital to be raised from Rs 6 crore to Rs 12 crore. Free reserves stand at Rs 15.18 crore. Subject to shareholder approval. Record date to be announced later, with bonus shares expected by 6 September 2026.
Likely market impact
Positive signal of confidence; share count doubles, price adjusts proportionally. Improves liquidity for retail holders.