Archive · 23 Jul 2026

Aastha Spintex Announces 1:1 Bonus Shares

Aastha Spintex Announces 1:1 Bonus Shares

Aastha Spintex, a company that makes cotton yarn, has some big news.

They are giving each shareholder one extra share for every share they own, which is called a bonus issue.

This means shareholders will have more shares without paying anything extra.

The company also said they will pay a small dividend of Re 0.10 per share.

Additionally, they plan to make and sell grey fabric, which is a step up in their business.

They are also increasing the total amount of money they can raise by selling shares.

All these decisions need to be approved by the shareholders and regulators before they can happen.

Sources