Description

Pro Fin Capital Services Limited announces bonus issue of 29,62,97,163 equity shares to existing shareholders with record date 02/01/2026 and trading availability from 06/01/2026.

Summary

Pro Fin Capital Services Limited (ISIN: INE732K01027, Scrip Code: 511557) has provided an undertaking to BSE under SEBI Circular CIR/CFD/PoD/2024/122 dated 16-09-2024 regarding its bonus issue. The company will issue 29,62,97,163 bonus equity shares to existing shareholders as on the record date. The deemed date of allotment will be T+1 (05/01/2026) and the shares will be available for trading from T+2 (06/01/2026).

Key Points

  • Total bonus shares to be issued: 29,62,97,163 equity shares
  • Record date for bonus issue eligibility: 02/01/2026
  • Distinctive number range: 29,62,97,164 to 59,25,94,326
  • ISIN: INE732K01027
  • Scrip Code: 511557
  • Documents submission and credit to depository system by 12:00 P.M. on T+1
  • Undertaking submitted by Whole Time Director Abhay Narain Gupta (DIN: 02294699)
  • Compliance with SEBI Circular CIR/CFD/PoD/2024/122 dated 16-09-2024

Regulatory Changes

No new regulatory changes introduced. This circular represents compliance with existing SEBI regulations regarding bonus issue timelines as per SEBI Circular CIR/CFD/PoD/2024/122 dated 16-09-2024.

Compliance Requirements

  • Company must submit required documents to ensure credit of bonus shares to depository system latest by 12:00 P.M. on T+1 (05/01/2026)
  • Deemed date of allotment must be T+1 (next working day) as per SEBI Circular
  • Company must ensure bonus shares are available for trading from beginning of day (BOD) on T+2

Important Dates

  • 30/12/2025: Date of undertaking submission to BSE
  • 02/01/2026: Record date for bonus issue eligibility
  • 05/01/2026: T+1 - Deemed date of allotment; documents submission and credit to depository system deadline (12:00 P.M.)
  • 06/01/2026: T+2 - Effective listing date; bonus shares available for trading from BOD

Impact Assessment

Market Impact: The bonus issue will significantly increase the outstanding equity shares of Pro Fin Capital Services Limited, nearly doubling the share count based on the distinctive number range. This will affect the stock’s trading price proportionally while maintaining shareholder value.

Shareholder Impact: Existing shareholders as on record date 02/01/2026 will receive additional bonus shares without any cash outlay, improving liquidity in their holdings.

Trading Impact: New bonus shares will be available for trading from 06/01/2026, which may increase trading volumes and improve market liquidity for the stock. The compressed timeline (T+2) ensures quick availability for trading as per SEBI’s streamlined bonus issue process.

Impact Justification

Corporate action affecting existing shareholders through bonus issue; significant number of new shares being issued but limited to single company impact