Description

Sylph Technologies Limited has allotted bonus shares in the ratio of 11:5, increasing paid-up capital from Rs. 38.53 crore to Rs. 123.31 crore with effective listing date of November 18-19, 2025.

Summary

Sylph Technologies Limited (Scrip Code: 511447, ISIN: INE706F01021) has completed a bonus issue allotment, increasing its issued and paid-up capital from Rs. 38,53,43,636 to Rs. 1,23,30,99,636. The bonus shares were allotted with a deemed date of December 18, 2025, and became effective for listing on November 18-19, 2025. The total number of equity shares increased from 38,53,43,636 shares to 1,23,30,99,636 shares, all with a face value of Re. 1 per share.

Key Points

  • Company: Sylph Technologies Limited (Scrip Code: 511447)
  • ISIN: INE706F01021
  • Pre-bonus paid-up capital: Rs. 38,53,43,636 (38,53,43,636 equity shares of Re. 1 each)
  • Post-bonus paid-up capital: Rs. 1,23,30,99,636 (1,23,30,99,636 equity shares of Re. 1 each)
  • Number of bonus shares issued: 84,77,56,001 shares
  • Bonus ratio: Approximately 11:5 (220% increase)
  • Distinctive Number Range: 84,77,56,001 to 1,23,30,99,636
  • No shares kept in abeyance or reserved
  • No pending securities for listing

Regulatory Changes

No regulatory changes are introduced by this circular. This is a standard corporate action notification regarding bonus share allotment.

Compliance Requirements

  • BSE has listed the bonus shares as per the company’s allotment schedule
  • The company has complied with required board and shareholder approval procedures
  • Contact person for queries: Nilesh Jain (Contact: 9825039755, Email: Sylph.t@yahoo.com)

Important Dates

  • October 27, 2025: Board of Directors approved the bonus issue
  • November 28, 2025: Shareholders approved the bonus issue
  • November 18-19, 2025: Effective listing date of bonus shares
  • December 18, 2025: Deemed date of allotment of bonus shares

Impact Assessment

Shareholder Impact: Existing shareholders receive additional shares in proportion to their holdings, increasing share count by approximately 220% while maintaining ownership percentage. No cash payment required from shareholders.

Market Impact: The bonus issue increases the total outstanding shares from 3.85 crore to 12.33 crore shares, which typically improves liquidity and makes shares more affordable for retail investors due to lower per-share price post-bonus.

Capital Structure: The paid-up share capital increases threefold from Rs. 38.53 crore to Rs. 123.31 crore through capitalization of reserves, with no change to net worth of the company.

Impact Justification

Significant corporate action involving bonus share allotment increasing paid-up capital threefold, impacting existing shareholders through equity dilution but no cash impact.