Bharat Rasayan Board Clears 1:1 Bonus Issue, Stock Split
Implementation remains pending shareholder approval, record date setting, regulatory clearance.
Overview
- The board approved sub-division of 41,55,268 fully paid equity shares of face value Rs 10 into 83,10,536 shares of face value Rs 5.
- It also recommended a bonus issue in the ratio of 1:1, granting one Rs 5 share for every existing Rs 5 share to eligible members on a record date to be announced.
- The decisions were disclosed in an exchange filing on October 24, 2025, with follow-on procedural steps yet to be completed.
- The company said the share sub-division is intended to improve trading liquidity and broaden the shareholder base.
- The board approved a consequential amendment to the capital clause of the Memorandum of Association, and the bonus issue remains subject to shareholder approval.