Description

Harshil Agrotech Limited announces bonus share issuance of 22,22,50,000 shares with allotment on October 13, 2025 and listing on October 14, 2025.

Summary

Harshil Agrotech Limited (Scrip Code: 505336, CIN: L01611GJ1972PLC147529) has submitted distinctive number details and relevant information regarding its bonus share issuance. The company will issue 22,22,50,000 bonus shares with a deemed date of allotment on October 13, 2025 and effective listing date of October 14, 2025.

Key Points

  • Total bonus shares to be issued: 22,22,50,000
  • Distinctive number range: 71,12,00,001 to 93,34,50,000
  • ISIN: INE098E01026
  • Scrip Code: 505336
  • Communication submitted by Managing Director Pankajkumar Patel (DIN: 09054613)

Regulatory Changes

No regulatory changes. This is a standard corporate action notification as per listing agreement requirements.

Compliance Requirements

  • BSE to update records with distinctive number range for bonus shares
  • Company has complied with disclosure requirements for bonus issue details
  • Information provided to Listing Operations department for record keeping

Important Dates

  • Circular Date: October 6, 2025
  • Deemed Date of Allotment: October 13, 2025
  • Effective Listing Date: October 14, 2025

Impact Assessment

Shareholder Impact: Existing shareholders will receive bonus shares in their demat accounts on the allotment date, increasing their shareholding proportionally without additional payment.

Market Impact: The bonus issue will increase the total number of shares outstanding, which typically improves liquidity. Share price will adjust proportionally on the ex-bonus date.

Trading Impact: Trading in the new bonus shares will commence on October 14, 2025 under the existing ISIN INE098E01026.

Impact Justification

Routine corporate action affecting existing shareholders through bonus share issuance. Material impact on share capital and distinctive number ranges.