Description

eClerx Services Limited submits documents to BSE for allotment of 4,70,25,359 bonus equity shares in a 1:1 ratio, with 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 fully paid-up 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 ratio: 1:1 (one bonus share for every one existing equity share held)
  • Total bonus shares to be allotted: 4,70,25,359 equity shares
  • Face value of each share: Rs. 10/- (Rupees Ten only)
  • Record date for eligibility: 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 the depository system
  • Contact person: Pratik Bhanushali, VP – Legal & Company Secretary

Regulatory Changes

No regulatory changes. This is a corporate action filing in compliance with existing BSE listing and disclosure requirements for bonus share issuances.

Compliance Requirements

  • eClerx Services Limited has submitted all required annexures (Annexure-1: Issue details; Annexure-2: Undertaking for depository credit) to BSE Listing Operations as mandated for bonus issue processing.
  • The company must ensure bonus shares are credited in the depository system and made available for trading as per the effective listing date.

Important Dates

  • Letter date: March 9, 2026
  • Record date: March 13, 2026 (eligibility cut-off for bonus shares)
  • Reference email date: March 9, 2023 (original record date intimation)

Impact Assessment

Existing shareholders of eClerx Services Limited (Scrip Code: 532927) as on March 13, 2026 will receive one additional equity share for every share held, effectively doubling their shareholding. The bonus issue will increase the total paid-up share capital of the company. Post-bonus, the share price is expected to adjust proportionally. This is a routine corporate action with no direct regulatory or market-wide impact beyond eClerx shareholders.

Impact Justification

Routine bonus issue document submission affecting existing shareholders of eClerx Services Limited with a defined record date; significant for shareholders but limited broader market impact.