Silver Touch board approves 1:5 stock split and 1:1 bonus issue

Stock SplitCorporate Actions View source PDF Explain this filing

SILVERTUC · price

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Price reactionminutes from the announcement price · days from the prior close

+4.2%Reaction day

₹154.10

prior close

₹157.10

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.4%+4.6% vs market

Computers - Software & Consulting peers, median of 66sector+0.4%+3.8% vs sector

On the reaction day the stock moved 4.6 pts more than Nifty Microcap 250 and 3.8 pts more than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.8

10m

+1.2

15m

+1.3

30m

+1.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.2-0.4+4.6+0.4+3.8

Next day

+2.9-1.7+4.6-1.4+4.3

-1.2-4.3+3.1-3.4+2.2

-6.2-5.1-1.0-4.0-2.1

-9.9-3.6-6.2-2.4-7.5

-5.8-5.7-0.1-3.0-2.7

-11.9-3.7-8.3-3.7-8.2

15d

-10.4+2.1-12.6-4.8-5.6

-17.3-0.1-17.2-10.3-6.9

-30.1-10.0-20.1-22.9-7.2

-18.6+2.2-20.7-10.6-8.0

UpDownMarket · Nifty Microcap 250Sector · Computers - Software & Consulting peers, median of 66Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Silver Touch Technologies board has approved a 1:5 stock split (face value Rs 10 to Rs 2) and a 1:1 bonus issue. The moves aim to boost liquidity and retail participation. Post actions, paid-up shares will rise from about 1.26 crore to about 12.68 crore at Rs 2 face value. Free reserves of Rs 118.12 crore back the bonus. Both actions need shareholder approval via postal ballot.

Likely market impact

Larger share count and lower face value boost liquidity and retail participation. No cash outflow. Price adjusts lower on ex-date. Bonus signals confidence.