Silver Touch Technologies Limited has informed the Exchange regarding allotment of 6,34,05,000 securities pursuant to Bonus at its Committee meeting held on March 09, 2026
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Silver Touch Technologies has allotted 6,34,05,000 bonus equity shares of ₹2 each to eligible shareholders in a 1:1 ratio (1 bonus share for every 1 existing share). The record date for the bonus issue was 6th March 2026, and the deemed date of allotment is 9th March 2026. As a result, the company's paid-up equity share capital has doubled from ₹12.68 crore (6.34 crore shares) to ₹25.36 crore (12.68 crore shares). The new bonus shares will carry the same rights as existing shares.
The number of shares held by each shareholder will double, though the overall value of holdings typically remains the same as the share price adjusts downward proportionately. This is a capital-neutral event but reflects management's confidence and rewards existing shareholders with increased liquidity.