F Mec International: 1:5 Split, 1:10 Bonus in 2026

F Mec International Financial Services has announced two corporate actions at the same time: a stock split and a bonus issue. The company has informed the stock exchange that it plans to split each equity share with a face value of ₹10 into five shares, bringing the face value down to ₹2. Alongside the split, it has proposed issuing bonus shares in a 1:10 ratio, meaning shareholders will receive one bonus share for every 10 shares held.

The announcements matter for shareholders because they change the number of shares held while keeping the underlying paid-up capital framework broadly intact, subject to approvals and final corporate action timelines. The company has also said the record date for these actions has not been announced yet. Separately, disclosures around the company’s shareholding pattern and meeting schedule offer clarity on what happens next.

Corporate actions announced: split and bonus

The company’s first decision is a share subdivision, commonly called a stock split. Under the proposal, one equity share of ₹10 face value will be split into five equity shares of ₹2 face value each. In practical terms, the number of shares held by an investor increases proportionately after the split, while the face value per share reduces.

The second decision is a bonus issue. F Mec International Financial Services has proposed issuing one bonus equity share for every 10 existing equity shares. This is the company’s first bonus issue, and it will also be the first time the stock trades ex-bonus following such an action.

The company has not announced the record date for either the stock split or the bonus issue, according to the information shared. Investors typically track record dates closely because shareholdings as of that date determine eligibility for receiving the split-adjusted shares and bonus shares.

Stock split details: ₹10 face value to ₹2

The stock split proposal is in a 1:5 ratio. That means each existing share becomes five shares. The face value changes from ₹10 to ₹2 per share after the subdivision.

Company disclosures indicate the split is aimed at improving liquidity and making the stock more accessible for retail investors. This aligns with the general market rationale for splits, which is to reduce the per-share face value and usually adjust the market price accordingly, without changing the shareholder’s proportional ownership purely because of the split.

As part of the restructuring, the company has also proposed changes to the capital clause of its Memorandum of Association to reflect the altered share structure. After subdivision, the authorised share capital is stated as INR 15.00 crore, divided into 75.00 crore equity shares of face value ₹2 each.

Bonus issue: 1 share for every 10 held

F Mec International Financial Services has proposed a bonus issue in the ratio of 1:10. This translates into one bonus share for every 10 shares held by a shareholder. The post-subdivision face value referenced for the bonus shares is ₹2 per share.

The company’s disclosure includes the amount proposed to be capitalised for the bonus issue: ₹88,91,768, which is approximately INR 0.89 crore. The stated source for the issue is free reserves and or the securities premium account. The allotment mode is dematerialised form only.

The company has also indicated it must implement the bonus issue within two months from the April 8, 2026 board meeting date, as per applicable regulations referenced in the disclosures. Subject to approvals, it has targeted completion of the corporate actions on or before June 2, 2026.

Key dates: board approval, EGM and cut-off

The board meeting where these actions were approved was held on April 8, 2026. To seek shareholder approval, the company has scheduled an Extraordinary General Meeting (EGM) on May 4, 2026 at 12:30 PM. The EGM is to be conducted through video conferencing or other audio-visual means.

The cut-off date for determining eligibility to vote in the EGM is April 27, 2026, based on the shared meeting details. The company also published its EGM notice in Financial Express and Hari Bhoomi newspapers on April 11, 2026, citing compliance with SEBI requirements.

While the EGM date and voting cut-off are specified, the record date for the stock split and bonus issue has not been disclosed in the information provided.

Shareholding snapshot: promoter and public stake

As per BSE data cited in the provided information, the promoter holding in F Mec International Financial Services stood at 36.91% as of September 2025. Public shareholding was 63.09% in the same period.

This split between promoter and public ownership is relevant because corporate actions like bonus issues and splits apply proportionately to all eligible shareholders as of the record date. But the immediate market attention often comes from how such actions can influence trading activity, particularly in stocks with high retail participation.

Stock narrative: sub-₹100 price and long-term returns

The company has been described as a sub-₹100 stock in the context shared. It is also referred to as a “multibagger” based on its long-term performance.

One data point mentioned is a five-year price rise of 2,459%. Another illustration included is that an investment of ₹1 lakh would have grown to more than ₹25 lakh over that period. These figures are presented as historical performance references in the shared text, and do not by themselves confirm future outcomes.

Other agenda items: management change and NCD fundraising

Alongside the split and bonus proposals, the May 4, 2026 EGM agenda includes management changes. The shared information states that Mr. Kabeer Chaudhary has been proposed for appointment as a Whole Time Director.

Separately, the company has indicated plans to raise funds via secured, unlisted non-convertible debentures (NCDs) through private placement. The amount mentioned is up to INR 5.00 crore, with an interest rate of 16% per year and a tenure of 18 months.

Summary table: what is proposed

Market impact: what changes for shareholders

A stock split increases the number of shares held and reduces face value per share, while keeping the proportionate ownership the same. A bonus issue adds shares to eligible shareholders without a cash outflow from them, with the company capitalising reserves as per the stated source. Both actions often increase the number of shares available for trading, which can influence liquidity.

However, the operational impact for investors depends on timelines and eligibility. Since the record date has not been announced, shareholders and prospective buyers do not yet have the key date needed to plan positions for entitlement. The EGM and shareholder approval process is the next formal step before the company proceeds with corporate action execution.

Why this announcement is being tracked

The combination of a 1:5 split and a 1:10 bonus can materially increase the share count in an investor’s demat account, based on holdings as of the eventual record date. The company has also framed the split as a step aimed at liquidity and retail accessibility.

At the same time, the disclosures highlight a structured timeline: board approval on April 8, 2026, EGM on May 4, 2026, and a completion target on or before June 2, 2026, subject to approvals. Until the record date is declared and approvals are secured, investors typically treat the actions as proposed rather than final.

Conclusion

F Mec International Financial Services has proposed a 1:5 stock split and a 1:10 bonus issue, both for the first time, with shareholder approval scheduled at an EGM on May 4, 2026. The company has not yet announced the record date for these corporate actions. The next milestones to watch are the EGM outcome and any subsequent exchange communication confirming record dates and implementation timelines.