1. Issuance of Bonus Shares in the ratio of 1:1 * i.e. 1 new fully paid Equity Shares for every 1 existing fully paid-up Equity Shares held by the shareholders. 2. The acceptance of ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.8 pts more than Nifty Microcap 250 and 0.2 pts less than its Other Agricultural Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The Board of Directors of Times Green Energy (India) Ltd, at its meeting on February 5, 2026, approved the issuance of bonus shares in a 1:1 ratio, meaning shareholders will receive 1 additional equity share for every 1 share held. The company will issue approximately 27,87,200 new equity shares of Rs. 10 face value, taking the total paid-up capital from Rs. 2.78 crore to Rs. 5.57 crore. The bonus will be funded from free reserves and securities premium (around Rs. 32.51 crore available as on March 31, 2025), and is subject to shareholder approval via postal ballot. Bonus shares are expected to be credited by April 5, 2026. Additionally, the statutory auditor M/s. VASG & Associates resigned citing non-availability of staff and resources, and M/s. TRAK and Associates (Hyderabad) has been appointed in their place until the next AGM.
A 1:1 bonus doubles the number of shares held by investors, though it does not change the overall value of their investment since the share price adjusts downward proportionally. This move signals confidence from the board, supported by strong reserves. The auditor change is a routine procedural matter with no immediate material impact on shareholders.