Description

Sylph Technologies Limited has allotted bonus shares in the ratio of 11:5, increasing paid-up capital from Rs. 38.53 crores to Rs. 123.31 crores with deemed allotment date of December 18, 2025.

Summary

BSE has listed bonus shares of Sylph Technologies Limited (Scrip Code: 511447, ISIN: INE706F01021). The company has allotted bonus shares that increased the total paid-up capital from Rs. 38,53,43,636 to Rs. 1,23,30,99,636, representing an increase of 84,77,56,000 equity shares of face value Rs. 1/- each. The effective listing dates are November 18-19, 2025, with deemed allotment date of December 18, 2025.

Key Points

  • Company: Sylph Technologies Limited
  • Scrip Code: 511447
  • ISIN: INE706F01021
  • Pre-allotment capital: 38,53,43,636 equity shares of Rs. 1/- each
  • Post-allotment capital: 1,23,30,99,636 equity shares of Rs. 1/- each
  • New bonus shares issued: 84,77,56,000 equity shares
  • Face value: Rs. 1/- per share
  • Bonus ratio: 11:5 (approximately 2.2:1)
  • No shares kept in abeyance or reserved
  • Distinctive number range: 84,77,56,001 to 1,23,30,99,636

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

No specific compliance requirements for market participants. This is an informational circular regarding the listing of bonus shares already approved and allotted.

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

Market Impact: The bonus issue increases the number of outstanding shares by approximately 220%, which will proportionately reduce the market price per share while maintaining overall market capitalization. Existing shareholders receive additional shares without dilution of their ownership percentage.

Liquidity Impact: The increased number of shares in circulation may improve liquidity and trading volume for the stock.

Shareholder Impact: Positive for existing shareholders as they receive additional shares at no cost. The bonus ratio of approximately 11:5 means shareholders receive 11 new shares for every 5 shares held.

Contact Information

Impact Justification

Corporate action affecting existing shareholders through bonus issue allotment, increasing share capital but not requiring immediate compliance actions from market participants