Aastha Spintex 1:1 bonus: 2026 dates for shareholders

Record date fixed for 1:1 bonus issue

Aastha Spintex Ltd has fixed September 28, 2026 as the record date for its 1:1 bonus issue, as disclosed to the exchanges. This is the cut-off date used to determine which shareholders are eligible to receive bonus shares. Under the 1:1 ratio, eligible investors receive one new equity share for every one share held as on the record date. The stock is also marked ex-bonus on 28/09/2026 in the corporate action details shared.

What the corporate action means for shareholders

The bonus issue will be carried out through issuance of fully paid-up equity shares with a face value of ₹10 each. The company has stated that the bonus shares will rank pari passu with the existing equity shares, meaning the new shares will carry the same rights as existing shares. While the number of shares increases, the total value of the company does not automatically change because a bonus issue is a reclassification of reserves into equity.

Key dates: record, allotment and trading start

Aastha Spintex has also provided a clear operational timeline after fixing the record date. The company will carry out a deemed allotment of bonus shares on September 29, 2026. Trading in the new bonus shares is scheduled to begin from September 30, 2026.

Share issuance size and equity base impact

The company will allot 44,142,190 bonus equity shares (also referenced as 4.41 crore shares) as part of the 1:1 issue. This implies the outstanding equity base will double, with the post-bonus outstanding shares noted as about 88.3 million (also described as 8.828 crore shares). In its disclosures, the company also described the action as capitalisation of up to ₹44.14 crore from eligible reserves into paid-up equity.

Board approvals and shareholder consent

The bonus issue had been approved by the Board earlier on July 27, 2026, along with other items. The company subsequently received shareholder consent at its 13th Annual General Meeting (AGM) held on September 16, 2026, after which the company moved to finalise the record date and execution schedule. As per another disclosure cited, the Board met on September 22, 2026 and fixed the record date as the key near-term event tied to the bonus shares.

Dividend announcement and what changed

Alongside the bonus, the Board also recommended a final dividend of ₹0.10 per equity share for FY26. The dividend level attracted attention because it was described as much lower than the maximum ₹10 per share indicated earlier. The article notes that this shift disappointed some shareholders who had bid up the stock in anticipation of a higher payout.

Capital structure move: authorised capital increase

Aastha Spintex also approved a plan to raise its authorised share capital to ₹100 crore from ₹45 crore. Such a step is often required to accommodate corporate actions and future equity-related plans, particularly when the number of issued shares is set to rise significantly due to a bonus issue. The company’s disclosures link this change with its broader corporate actions and business expansion plans.

Business strategy: forward integration and fabric expansion

The Board’s July 27, 2026 decisions included forward integration into knitted fabric manufacturing and raw fabric trading. The company also stated an intention to expand its product range into grey and value-added fabric. Separately, the article notes the company has started building a rooftop solar plant at a newly acquired unit, indicating operational initiatives alongside capital market actions.

Market reaction: intraday upper circuit move

Following the announcement around fixing the record date, the stock saw a sharp reaction in the market. The report states that on September 22, shares of Aastha Spintex rallied nearly 9.9% and hit the upper circuit during intraday trade. This move was linked directly to the record date clarity for the bonus issue, which made the timeline more tangible for investors tracking eligibility.

What shareholders should check before the record date

Eligibility is based on shareholding as of the record date, and the company has stated that investors must own the stock before the record date to be eligible for the bonus. Shareholders may also track the stated sequence: record date (September 28), deemed allotment (September 29), and trading start (September 30). Since bonus shares rank pari passu, investors should expect the same rights and benefits on the new shares as existing equity shares.

Conclusion

Aastha Spintex has set September 28, 2026 as the record date for its 1:1 bonus issue, with 44,142,190 shares to be allotted on September 29 and trading to begin from September 30. The corporate action follows Board approvals in July and shareholder consent at the September 16 AGM, alongside a ₹0.10 final dividend and steps to increase authorised capital to ₹100 crore. The next confirmed milestones are the allotment and commencement of trading of the bonus shares as per the published schedule.