Allotment of Bonus Equity Shares
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.5 pts less than Nifty Microcap 250 and 1.3 pts less than its Telecommunication peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Valiant Communications Limited has allotted 38,14,030 fully paid-up bonus equity shares of face value ₹10 each. The bonus issue is in the ratio of 1:2, meaning 1 new bonus share for every 2 existing shares held by shareholders as on the record date of Friday, October 10, 2025. As a result, the company's paid-up share capital has increased from ₹7,62,80,600 (76,28,060 shares) to ₹11,44,20,900 (1,14,42,090 shares), a 50% expansion. The newly allotted bonus shares will carry the same rights as existing equity shares, including eligibility for future dividends and corporate benefits.
Shareholders receive 1 additional share for every 2 they own, increasing their share count by 50%. The share price typically adjusts downward proportionally, so the overall investment value remains largely unchanged, but liquidity improves with more shares in circulation.