Paushak Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/08/2025 ,inter alia, to consider and approve a. Proposal of sub-division/ split ....
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 informed BSE that its Board of Directors will meet on Monday, 11th August 2025. The key items on the agenda are: (a) a proposal to sub-divide/split the existing equity shares, which currently have a face value of Rs. 10 each, and (b) a proposal to issue bonus shares to shareholders. Both proposals are subject to shareholder approval and will need to comply with the Companies Act, 2013 and SEBI listing regulations. The trading window for dealing in the company's shares has been closed with immediate effect and will reopen 48 hours after the board meeting outcome is declared. No details on the split ratio or bonus ratio have been disclosed yet.
Stock splits generally improve share liquidity and make the stock more affordable for retail investors, while bonus issues reward existing shareholders with additional shares. Both are typically viewed positively by the market, but investors should wait for the board meeting on Aug 11 to know the actual split and bonus ratios.