Description
Harshil Agrotech Limited announces bonus share allotment details with 22.22 crore bonus shares to be listed on October 14, 2025.
Summary
Harshil Agrotech Limited (CIN: L01611GJ1972PLC147529, Scrip Code: 505336) has provided distinctive number details for its bonus share issue. The company will allot 22,22,50,000 bonus shares with an effective listing date of October 14, 2025.
Key Points
- Total bonus shares to be issued: 22,22,50,000 shares
- Distinctive numbers: 71,12,00,001 to 93,34,50,000
- ISIN: INE098E01026
- Deemed date of allotment: October 13, 2025
- Effective listing date: October 14, 2025
- Bonus ratio: 1:1 (implied from share numbers)
Regulatory Changes
No regulatory changes specified in this circular.
Compliance Requirements
- BSE to update records with the distinctive numbers and allotment details
- Trading members to note the new share capital structure post-bonus issue
- Investors to receive bonus shares in demat accounts by allotment date
Important Dates
- October 06, 2025: Circular date - Company submission to BSE
- October 13, 2025: Deemed date of allotment
- October 14, 2025: Effective listing date for bonus shares
Impact Assessment
Market Impact: The bonus issue will double the outstanding share capital of Harshil Agrotech Limited, reducing the share price proportionally while maintaining market capitalization. Existing shareholders will receive one bonus share for each share held.
Shareholder Impact: Positive for existing shareholders as it increases liquidity and reduces per-share price, potentially making the stock more accessible to retail investors. No dilution of ownership percentage occurs.
Trading Impact: The stock will trade ex-bonus before the allotment date. Post-listing, the increased float may improve trading volumes and liquidity in the scrip.
Impact Justification
Standard corporate action affecting existing shareholders through bonus share issuance with 1:1 ratio, impacting share capital structure