Stock split (1:5) and 1:1 bonus issue approved by board
SILVERTUC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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.
Minute windows have no benchmark: there is no intraday index history to compare against.
Silver Touch Technologies board approved a stock split (1 share of Rs 10 into 5 of Rs 2) and a 1:1 bonus issue. Post both actions, paid-up shares rise from 1.27 crore to 12.68 crore. Bonus funded from free reserves of Rs 118.12 crore. Needs shareholder approval via postal ballot, record date pending. Completion targeted by March 15, 2026. Move aimed at improving liquidity and retail participation.
No cash impact. Lower post-split price improves affordability, bonus doubles share count. Both are liquidity moves, generally viewed positively by retail.