Chandra Prabhu International Ltd Announces Bonus Issue
Chandra Prabhu International Ltd has announced a 1:2 bonus issue, rewarding shareholders with 1 additional share for every 2 shares held. The record date for eligibility is 26th September 2025, and the allotment will take place on 29th September 2025.
Impact of the Bonus Issue
- More Shares for Investors: Shareholders’ total number of shares will increase, though the overall value of their holdings remains unchanged initially.
- Price Adjustment: Share price will adjust downward in line with the bonus ratio, making the stock more affordable for retail investors.
- Liquidity Boost: Increased number of shares in circulation is expected to enhance market participation and trading volumes.
- Shareholder Reward: The move reflects the company’s commitment to rewarding shareholders and widening investor participation.
Note: As informed by the company, 92,45,000 Equity Shares will be allotted as on 29th September 2025.
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