Chavda Infra 1:1 bonus issue, share capital hike to ₹70 crore

Stock in focus after bonus proposal

Chavda Infra Limited, an integrated infrastructure and construction company, has outlined a 1:1 bonus issue that can keep the stock on investor watchlists. As per the company’s disclosures, shareholders would receive one bonus equity share for every one existing equity share held. The proposal is stated to be subject to shareholders’ approval and other statutory clearances.

The company also indicated it has received shareholders’ approval through a postal ballot for the bonus issuance, alongside other corporate actions referenced in the same information set. Price points cited around the period show the stock at ₹125.60 as on 11-Sep-2026 16:00:00 IST. Separately, an update shows ₹112 (down 1.75%) on 12 Sep at 12:04 p.m., while another line states the share price as ₹125.30 as of 12-09-2026, with a previous close of ₹122.85.

What the board approved on bonus and capital

The board-approved bonus issue is in the ratio of 1:1, and the company’s filing noted it would involve the allotment of 3.26 crore fully paid-up equity shares. The face value stated for these shares is ₹10 each. Alongside the bonus proposal, the board approved a plan to increase authorised share capital to ₹70 crore from ₹35 crore.

The company said the authorised share capital increase is intended to support the bonus issue and to provide greater financial flexibility for future growth initiatives. It also approved the draft postal ballot notice to seek shareholders’ approval for both the bonus issue and the authorised capital increase, as per the same information set.

Company profile and operations

Chavda Infra Limited offers a range of construction and allied services across residential, commercial, and institutional projects. The disclosures describe it as an integrated infrastructure and construction company. The updates provided are framed in the context of corporate actions, shareholder votes, and regulatory filings.

Postal ballot: independent director appointment outcome

Separately from the bonus proposal, Chavda Infra announced the successful appointment of Mr. Arpit Tiwari (DIN: 11394258) as a Non-Executive Independent Director through a postal ballot. The resolution received 99.91% votes in favour. The remote e-voting period for this postal ballot commenced on May 19, 2026 (09:00 a.m. IST) and concluded on June 17, 2026 (05:00 p.m. IST), with the record date set as May 15, 2026.

The company stated that the postal ballot notice was dispatched electronically on May 18, 2026 to members registered with the company, Share Transfer Agents, CDSL, and NSDL. Votes were unblocked on June 17, 2026 in the presence of independent witnesses, and the scrutinizer confirmed that the resolution was passed with the requisite majority. The scrutinizer’s report date is cited as June 18, 2026, issued by B. S. Vyas & Associates, Practicing Company Secretaries.

Voting numbers: how shareholders voted

The resolution saw 18,046,600 votes polled (noted as 55.26% of the total outstanding shares in the provided data set). The tabulated totals show 18,029,600 votes for and 17,000 votes against, translating to 99.91% in favour and 0.09% against. A separate line item in the scrutinizer summary also mentions invalid/abstained votes of 1,000.

Financial snapshot disclosed for FY26

The company reported a 22.6% year-on-year increase in revenue from operations to ₹320.6 crore for FY26. Profit after tax declined 19.4% to ₹17.0 crore over the same period. These figures provide context at a time when the company is also communicating corporate actions such as a bonus issue and capital structure changes.

Other issuance detail mentioned: preferential allotment price

The information set also references a decision to issue equity shares on a preferential basis at an issue price of ₹114 per share. However, the amount the company intends to raise is not specified in the provided text. Investors typically track such actions alongside bonus issues because both relate to equity capital structure, but only the stated price point is available here.

Key facts table

The following table consolidates the main disclosed data points referenced in the material.

Market impact: what investors are likely to track

A 1:1 bonus issue, if completed after all approvals and clearances, increases the number of shares outstanding and is often monitored for its implications on liquidity and post-bonus price adjustments. In Chavda Infra’s case, the company has also placed the authorised share capital increase in the context of supporting the bonus issue and enabling future flexibility.

The postal ballot voting data for the independent director appointment adds another corporate governance data point for the market. The company has provided granular voting results, including category-wise votes and the e-voting timeline, which helps investors assess the level of shareholder support for board-related decisions.

Why the developments matter

The combination of (1) a proposed 1:1 bonus issue involving 3.26 crore shares, (2) a plan to increase authorised capital from ₹35 crore to ₹70 crore, and (3) FY26 financial performance updates gives investors multiple reference points at once. Revenue growth to ₹320.6 crore alongside a decline in profit after tax to ₹17.0 crore is a key headline for readers evaluating business momentum and margins.

On the governance side, the director appointment resolution passed with 99.91% votes in favour, with the company also detailing the mechanics of the postal ballot process and scrutiny. Separately, the mention of a preferential issue price of ₹114 per share is a discrete equity-related disclosure in the provided material, though the total fundraise amount is not stated.

Conclusion

Chavda Infra’s disclosures bring together corporate actions and shareholder voting outcomes, with the 1:1 bonus issue and authorised capital increase positioned as the main equity-structure developments. The company has also reported FY26 revenue of ₹320.6 crore and profit after tax of ₹17.0 crore. The next concrete checkpoints, as indicated in the material, are shareholder approvals where applicable and completion of statutory clearances for the bonus issue.