Silver Touch Technologies Limited has informed the Exchange that the Board of Directors at its meeting held on January 16, 2026, have considered and approved bonus at the ratio of 1 : 1, i.e 1 Equity Shares for every 1 Equity Shares held.
SILVERTUC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Silver Touch Technologies' Board of Directors, at its meeting on January 16, 2026, approved a bonus issue in the ratio of 1:1. This means shareholders will receive 1 additional equity share for every 1 equity share they currently hold, effectively doubling their share count. The record date and other details for the bonus issue are expected to be announced separately. Bonus shares are issued out of the company's reserves and do not involve any cash outflow from the company.
This is a positive event for shareholders as it increases the number of shares they hold without any additional cost, though the share price typically adjusts downward proportionally post ex-date to reflect the dilution. Liquidity in the stock may improve due to the higher number of outstanding shares.