Description

BSE announces bonus issue of 11,10,56,500 equity shares by Chandrima Mercantiles Limited with effective listing date of October 13, 2025.

Summary

Chandrima Mercantiles Limited (Scrip Code: 540829) has confirmed the issuance of 11,10,56,500 bonus equity shares. The deemed date of allotment is October 10, 2025, with the effective listing date scheduled for October 13, 2025. The new shares will have distinctive numbers ranging from 222113001 to 333169500 under ISIN INE371F01024.

Key Points

  • Total bonus shares to be issued: 11,10,56,500 equity shares
  • Scrip Code: 540829
  • Security ID: CHANDRIMA
  • ISIN: INE371F01024
  • Distinctive Number Range: 222113001 to 333169500
  • Company CIN: L51909GJ1982PLC086535
  • Registered Office: F-806, Titanium City Center, Ahmedabad, Gujarat - 380015

Regulatory Changes

No regulatory framework changes. This is a standard corporate action under existing SEBI regulations for bonus share issuance.

Compliance Requirements

  • The company has confirmed all details pertaining to the bonus equity share issue to BSE Limited
  • Confirmation provided by Managing Director Dinesh Hareshbhai Gohel (DIN: 11061856)
  • All shareholders on the record date will be eligible for the bonus shares

Important Dates

  • Circular Date: October 6, 2025
  • Deemed Date of Allotment: October 10, 2025 (Friday - next working date after record date)
  • Effective Listing Date: October 13, 2025

Impact Assessment

Shareholder Impact: Existing shareholders will receive bonus shares in proportion to their holdings as of the record date. This will increase the total number of outstanding shares without requiring any payment from shareholders.

Market Impact: The bonus issue will increase the company’s equity share capital from approximately 11.11 crore shares to a higher number (depending on the bonus ratio). This typically makes shares more affordable for retail investors and improves liquidity. The stock price will adjust proportionally on the ex-bonus date to reflect the increased share count.

Impact Justification

Standard bonus issue affecting existing shareholders of Chandrima Mercantiles Limited, resulting in significant increase in share capital but no immediate market-wide impact