Issue of Bonus Shares in the ratio of 3:1.
PAUSHAKLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Paushak Ltd has announced a bonus share issue in the ratio of 3:1, meaning shareholders will receive 3 additional shares for every 1 share they currently hold. This effectively quadruples the number of outstanding shares. Bonus shares are issued out of the company's reserves and do not change the overall market value of the holding, but they increase liquidity by lowering the per-share price. The record date and ex-date details are expected to follow in a separate communication.
The share price will likely adjust downward proportionally (to roughly one-fourth of its pre-bonus level) on the ex-date, while total holding value remains unchanged. Increased share liquidity and a lower price point may attract more retail participation.