Aastha Spintex 1:1 bonus, FY26 dividend approved plan

Stock move and the immediate trigger

Aastha Spintex Ltd, a recently-listed integrated cotton yarn manufacturer, said its board approved a 1:1 bonus issue and recommended a final dividend for FY26. The announcements were disclosed through regulatory filings, with the board meeting held on July 23, 2026. The decision also included raising the company’s authorised share capital to enable the bonus issue. In market trade on the day, the stock was reported at ₹105.90 on the NSE at around 2:20 pm, up 2.58%. Separately, the share price was also cited as ₹117.04 at the close (as on July 9, 2026), and ₹123.19 in another snapshot (as on July 8, 2026, 3:30 pm).

What the board approved on July 23, 2026

The board approved a fully paid-up bonus share issue in the ratio of 1:1, by capitalising reserves. This means one new equity share of face value ₹10 for every one existing fully paid-up equity share of face value ₹10 held by eligible shareholders. The company said the record date will be announced after in-principle approval from the stock exchanges and in compliance with Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations. Alongside the bonus, the board recommended a final dividend for FY26.

Dividend proposal: what was disclosed

One regulatory update stated the board recommended a final dividend of Re 0.10 per equity share of face value ₹10, described as 1% of face value, for FY26. The company also said that if the dividend is declared at the Annual General Meeting, it will be credited to eligible shareholders within 30 days from the date of declaration. In the same broader coverage set, another description stated a proposed final dividend of up to 100% on face value, amounting to up to ₹10 per equity share. Both figures were presented in the provided material, and shareholders’ approval at the AGM was referenced as the final step for the dividend.

Authorised capital hike to facilitate the bonus

To execute the bonus issue, the board approved an increase in authorised share capital from ₹45 crore to ₹100 crore. The company linked the capital increase directly to facilitating the issuance of bonus equity shares. No fresh fund raising was described for the bonus, with the mechanism noted as capitalisation of free reserves.

Expansion into grey fabric and value-added textiles

Along with the shareholder actions, the board approved expansion into forward-integrated value-added textile products. The company specifically cited grey fabric and other value-added fabric products under its proprietary brand. The stated objective was to strengthen its presence across the textile value chain. The expansion was described as part of the company’s longer-term margin improvement strategy.

Capacity jump after Falcon Yarns acquisition

Aastha Spintex said its spinning capacity more than doubled following the acquisition of Falcon Yarns. Annual cotton spinning capacity rose to 17,457 metric tonnes (MT) from 7,700 MT. Spindle capacity expanded 2.3-fold to 61,824 spindles from 25,920 spindles. The company has positioned this larger base as support for scaling operations and moving deeper into value-added segments.

Order book disclosed for July to October 2026

The company reported a confirmed cumulative order book of ₹76.78 crore for a four-month period spanning July to October 2026. It also disclosed that it secured 55 confirmed orders worth approximately ₹76.78 crore for delivery between July and October 2026. The orders were said to be driven heavily by key clients 7 Seas Impex and Texpert India. In the timeline shared, this order update was associated with July 13, 2026.

Listing timeline and price reference points

Aastha Spintex listed its equity shares on July 6, 2026. One note in the provided material said the stock has traded in line with broader weakness in the small-cap segment after listing. The IPO issue price was referenced as ₹136, and another line showed ₹136.50 with “16.63% upside” alongside a price of ₹117.04. Historical returns were shown as -9.74% for 1 month, 3 months, 1 year, 3 years, and 5 years in the same snapshot.

Key metrics and financial performance disclosed

The provided market snapshot (as on July 9, 2026 at 4:01 pm IST) showed market cap of ₹277.21 crore, PE (TTM) of 12.35, ROE of 12.13, ROCE of 14.4, beta (LTM) of 0.55, and P/B of 4.16. Dividend yield was shown as 0, and quarterly earnings growth YoY was shown as 0. EPS (TTM) was listed as 1.01678529161736.

Key facts table

Profit and loss trend shown in annual numbers

Annual profit and loss data (₹ crore) showed sales rising from ₹239.27 crore in Mar 2023 to ₹304.86 crore in Mar 2024 and ₹351.16 crore in Mar 2025. Total income increased from ₹239.69 crore in Mar 2023 to ₹305.67 crore in Mar 2024 and ₹352.17 crore in Mar 2025. Operating profit improved from ₹14.07 crore (Mar 2023) to ₹37.19 crore (Mar 2024) and ₹49.86 crore (Mar 2025). Operating profit margin rose from 5.88% (Mar 2023) to 12.2% (Mar 2024) and 14.2% (Mar 2025). Another financial table also listed PAT at ₹22.92 crore for FY2025 versus ₹16.29 crore for FY2024, and total revenue at ₹352.17 crore for FY2025 versus ₹305.67 crore for FY2024.

Financial snapshot table (₹ crore)

Why this matters for shareholders and the stock

A 1:1 bonus issue increases the number of shares held by investors, while keeping proportional ownership intact. The authorised capital increase to ₹100 crore indicates the company is preparing the capital structure required for the bonus. The dividend recommendation, whether at Re 0.10 per share (1% of face value) or the separately cited “up to ₹10 per share” figure, is subject to shareholder approval at the AGM as described. Operationally, the capacity expansion to 17,457 MT per annum and the disclosed ₹76.78 crore confirmed order book provide concrete datapoints investors track after a new listing.

Conclusion

Aastha Spintex’s July 23 board decisions combined shareholder actions (1:1 bonus and a final dividend recommendation) with a larger operational plan to expand into grey fabric and other value-added textile products. The company also approved raising authorised share capital from ₹45 crore to ₹100 crore to facilitate the bonus. The next key dates to watch, based on the filings referenced, are the record date announcement after stock exchange approvals and the AGM where shareholders will vote on the dividend and bonus proposals.