Pashupati Cotspin board approves 3:2 bonus issue, authorised capital raised to Rs 40 crores
PASHUPATI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 6.0 pts less than Nifty Microcap 250 and 5.9 pts less than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Pashupati Cotspin board approved a 3:2 bonus issue (3 bonus shares for every 2 held), subject to shareholder approval via postal ballot. Pre-bonus equity: 15.78 crore shares; post-bonus up to 39.46 crore shares of Re 1 each. About Rs 23.68 crore from free reserves (Rs 148.32 crore available as on March 31, 2026) will be used. Authorised capital raised from Rs 16 crore to Rs 40 crore. Record date not yet fixed; bonus shares expected by December 2, 2026.
Positive for shareholders; share count rises 1.5 times while EPS adjusts proportionally. Record date pending shareholder approval.