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PAUSHAKLTDBSEPaushak Ltd· Chemicals & PetrochemicalsHighPositive
Announced Mon, 11 Aug, 2025 · 12:40 IST

Sub-division of equity shares from face value of Rs.10/- each to face value of Rs.5/- each.

Stock splitBonus issue of 1:1 or betterCorporate Actions View source PDFExplain this filing

PAUSHAKLTD · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction

Awaiting price reaction for this filing.

AI summary

Paushak Ltd's board has approved two corporate actions, subject to shareholder approval via postal ballot. First, a stock split where each ₹10 equity share will be sub-divided into 2 equity shares of ₹5 each. Second, a bonus issue of 3 bonus shares for every 1 share held (3:1 ratio). The combined effect means every 1 existing share will become 8 shares of ₹5 each. Pre-action paid-up equity is 30,82,114 shares; post both actions it will rise to 2,46,56,912 shares. The bonus will be issued out of capital redemption reserve and free reserves, requiring about ₹9.25 crore against available reserves of ₹359.64 crore. Both actions are expected to be completed by 10th October 2025.

Likely market impact

The total value of a shareholder's investment stays the same on paper, but the share count rises 8-fold and the price per share will adjust proportionally, making the stock more affordable and improving liquidity. The company explicitly cites enabling higher public participation as the rationale, which is a positive signal for retail accessibility.