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Aastha Spintex Bonus Record Date Set; Shares Hit Upper Circuit
Aastha Spintex has announced a bonus-share plan.
Its board set September 28 as the record date.
This date decides which shareholders can receive the new shares.
Investors must own the stock before that date to qualify.
The plan gives one new share for every one share already owned.
Each new share has a face value of ₹10.
The company may issue up to 4,41,42,190 new shares.
The stock rose nearly 9.9% and reached its 10% upper circuit, while the new shares are scheduled to begin trading on September 30, 2026.
Aastha Spintex shares rose nearly 9.9% to hit the upper circuit during Tuesday’s intraday trading.
The company fixed September 28 as the record date for determining bonus-share eligibility.
The board approved a 1:1 bonus issue, giving one ₹10 share for every existing ₹10 share.
The issue may involve up to 4,41,42,190 fully paid-up equity shares.
Bonus shares are scheduled for allotment on September 29 and trading from September 30, 2026.
- Who
- Aastha Spintex and its eligible shareholders.
- What
- Aastha Spintex approved a 1:1 bonus issue and fixed the record date for eligibility.
- Where
- The announcement was made in the company’s BSE filing.
- When
- The record date is September 28; allotment is scheduled for September 29, and trading is scheduled to begin September 30, 2026.
- Why
- The company is determining which shareholders qualify to receive one bonus share for each existing share.
Key facts
- Bonus ratio
- 1:1
- Record date
- September 28
- Allotment date
- September 29
- Trading date
- September 30, 2026
- Face value
- ₹10 per existing and bonus share
- Maximum issue size
- Up to 4,41,42,190 equity shares
- Recent share performance
- Up approximately 11.8% over one month and 6.86% over one week
Quotes
Aastha Spintex
The company, in its BSE filing, describing the rights of the bonus shares.
“The Bonus Equity Shares shall rank pari passu in all respects with the existing fully paid-up Equity Shares of the Company.”
livemint.com
Sources
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