Description

eClerx Services Limited submits documents for the bonus issue of 4,70,25,359 equity shares in a 1:1 ratio to eligible shareholders as on the record date of March 13, 2026.

Summary

eClerx Services Limited has submitted requisite documents to BSE Limited for the allotment of 4,70,25,359 bonus equity shares of Rs. 10/- each. The bonus issue is in the ratio of 1:1, meaning one bonus share for every one existing fully paid-up equity share held by eligible shareholders as on the record date of March 13, 2026.

Key Points

  • Bonus issue size: 4,70,25,359 equity shares of Rs. 10/- each
  • Bonus ratio: 1:1 (1 bonus share for every 1 existing share held)
  • Face value: Rs. 10/- per share
  • Record date: March 13, 2026
  • Documents submitted include: distinctive number confirmation, effective listing date, deemed date of allotment, number of bonus shares, ISIN details, and undertaking for credit of bonus shares in depository system
  • Contact person: Pratik Bhanushali, VP – Legal & Company Secretary

Regulatory Changes

No regulatory changes introduced. This is a corporate action (bonus issue) in compliance with existing listing and SEBI regulations.

Compliance Requirements

  • eClerx Services Limited has submitted all required documents (Annexure-1 and Annexure-2) to BSE Listing Operations as mandated for bonus issue processing.
  • Undertaking for credit of bonus shares in the depository system and trading has been submitted.
  • Company is required to ensure timely credit of bonus shares to eligible shareholders’ demat accounts post record date.

Important Dates

  • Letter date: March 9, 2026
  • Record date: March 13, 2026 (eligibility date for bonus shares)

Impact Assessment

The 1:1 bonus issue will double the total number of outstanding equity shares of eClerx Services Limited. Existing shareholders as on March 13, 2026 will receive one additional share for every share held at no additional cost. This typically results in a proportional reduction in the share price post-record date, keeping the market capitalisation stable. The bonus issue reflects the company’s confidence in its financial position and rewards long-term shareholders.

Impact Justification

Routine bonus issue documentation submission affecting existing shareholders of eClerx Services Ltd with a 1:1 bonus ratio; impacts share count and pricing but is a standard corporate action.