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BSEPurity Flexpack Ltd· Paper Forest & Jute ProductsHighPositive
Announced Mon, 15 Sept, 2025 · 23:13 IST

Enclosed the intimation copy for in principle approval from BSE

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

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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

Purity Flexpack Ltd (BSE Scrip: 523315) has received in-principle approval from BSE for a bonus issue of equity shares. The company proposes to allot up to 21,46,800 bonus equity shares of face value Rs. 10 each in the ratio of 2:1, meaning 2 new shares for every 1 existing share held by shareholders. The approval was granted by BSE on September 12, 2025, and the intimation was sent on September 15, 2025. The bonus issue is still subject to shareholder approval, statutory clearances, SEBI compliance, and allotment of shares in dematerialized form.

Likely market impact

This is a substantial 2:1 bonus issue, which will triple the total share count of the company. Shareholders will receive 2 free shares for every 1 share held, but the stock price is expected to adjust downward on the ex-date in proportion to the bonus. Investors should hold existing shares before the record date to be eligible for the bonus entitlement.