Archive · 7 Aug 2025
Paushak Ltd. to Consider Bonus Issue and Stock Split
Paushak Ltd., a chemical company, is planning to give extra shares to its current shareholders (a bonus issue) and potentially split its existing shares into smaller pieces (a stock split).
This will be decided on August 11th.
The company's stock price has seen a significant increase in the past few years, though it has declined somewhat since its peak.
The company has also paid dividends to shareholders regularly and did a buyback of equity shares in 2018.
Paushak Ltd. will consider issuing bonus shares and a stock split.
The board meeting to discuss this is scheduled for August 11.
This would be the company's first bonus share issue and stock split.
The stock rose 10% on Wednesday, closing at ₹5,860.
The stock price increased from ₹500 in August 2016 to ₹12,400 in April 2022.
- Who
- Paushak Ltd.'s board of directors and shareholders.
- What
- Paushak Ltd. will consider a bonus share issue and stock split.
- When
- The board meeting is scheduled for August 11.
- Where
- Not specified.
- Why
- To potentially make shares more accessible to investors and increase market value.
- Company
- Paushak Ltd.
- Meeting Date
- August 11
- Bonus Shares
- To be considered
- Stock Split
- To be considered
- Wednesday's Closing Price
- ₹5,860
- Dividend Payments
- ₹50 per share (2022-2025)
