Aastha Spintex Ltd Finalizes 1:1 Bonus Issue Schedule

4,41,42,190 new equity shares will be issued at a face value of Rs 10 per share.
September 28, 2026 is the official record date for identifying eligible shareholders.

Reader Takeaway: Shareholders get one extra share for every one held; price will adjust downwards on ex-date.

What just happened

Aastha Spintex Ltd has formally announced the timeline for its previously approved 1:1 bonus issue. The board has fixed September 28, 2026, as the record date to determine the eligibility of shareholders to receive the additional shares. This corporate action will result in the issuance of 4,41,42,190 new, fully paid-up equity shares with a face value of Rs 10 each.

Why this matters

For the retail investor, this bonus issue effectively doubles the number of shares held. While the number of shares increases, the overall proportionate ownership and total market capitalization of the company remain the same. On the ex-date, investors should anticipate a mechanical adjustment in the stock price, reflecting the expanded share capital base. The newly issued bonus shares will rank pari passu with the existing shares, meaning they carry the same rights and dividend entitlements.

What changes now

Following the record date on September 28, 2026, the company expects the deemed allotment of these shares to occur on September 29, 2026. Trading for the new bonus shares is scheduled to commence on September 30, 2026. This timeline ensures that the expanded share capital is integrated into the trading system swiftly.

What to track next

Investors holding the stock should monitor the ex-date (typically one trading day prior to the record date) to see how the market prices the adjustment. As with all bonus issues, the primary benefit to long-term holders is increased liquidity in the stock, though it does not fundamentally alter the company's valuation metrics at the moment of issue.