PH Capital bonus issue: 10:1 record date Oct 7, 2026

Bonus issue announcement and what it means

P H Capital Limited (BSE scrip code: 500143) has announced a bonus issue of equity shares in the ratio of 10:1. This means eligible shareholders will receive 10 new fully paid-up equity shares for every 1 existing fully paid-up equity share held. The face value of each share is ₹10, and the bonus shares will also carry a face value of ₹10 each. The company has fixed October 7, 2026 as the record date to determine shareholder eligibility. The same date is also stated as the ex-bonus basis date, indicating when the share begins trading without the entitlement. The corporate action has been communicated to the exchange through official disclosures referenced in the provided information. Separately, the company has also reported that it recently changed its name to AHB Capital Limited.

Key dates: record date, ex-bonus, allotment, and trading

For shareholders, the key operational detail is the record date of Wednesday, October 7, 2026. Investors whose names appear as beneficial owners in the company’s register of members or the depositories’ records as of that date will be eligible for the bonus shares. The deemed date of allotment is Thursday, October 8, 2026. The newly issued bonus shares are expected to be available for trading on Friday, October 9, 2026, described as the next working day after allotment. Trading members have been advised that transactions will be on an ex-bonus basis from the specified date. The disclosure also highlights that an ex-bonus adjustment typically results in an appropriate price adjustment reflecting the increased number of shares. The stated purpose, as with most bonus issues, is a reclassification within equity rather than a fresh fund raise.

What the company disclosed to the exchange

The exchange communication states that P H CAPITAL LIMITED has fixed October 7, 2026 as the record date for the bonus issue. It specifies the bonus ratio as 10 bonus equity shares of ₹10 each for every 1 equity share held. The corporate action note also includes an estimate of shares to be allotted as on October 8, 2026. The estimate mentions 30,010,000 equity shares to be allotted. In a separate numerical summary shared in the input, the existing equity shares are shown as 30,00,100 and the bonus shares to be issued as 3,00,01,000. These figures align with the 10:1 ratio, where bonus shares are ten times the existing shares. The disclosures also reiterate that shareholders receive 10 additional shares for every share held, which increases the total outstanding share count.

AGM approvals and corporate actions around the bonus

The bonus issue did not remain only at the proposal stage. PH Capital Limited said shareholders approved all 14 resolutions at its 53rd Annual General Meeting held on September 18, 2026. The AGM approvals included the bonus share issuance and an increase in authorised share capital. The AGM outcome matters because a bonus issue and authorised capital increase typically require shareholder approval to move from recommendation to implementation. The same set of corporate actions also included a name change from “P H Capital Limited” to “AHB Capital Limited,” as stated in the provided text. The board’s approach was described as funding the bonus issue through capitalisation of existing reserves, rather than raising new money from investors.

Reserves capitalisation and authorised capital changes

The company disclosures state that the bonus issue would be executed by capitalising existing free reserves. The input text mentions capitalisation of up to ₹30.001 crore from free reserves for the purpose of the bonus issue. It also states that authorised share capital is proposed to increase from ₹4 crore to ₹44.001 crore to support the issuance. Another disclosure restates this in rupee figures: capitalisation of up to ₹30,00,10,000 and authorised share capital increase from ₹4,00,00,000 to ₹44,00,10,000. These amounts are consistent with the crore figures provided. Importantly, the disclosures clarify that the bonus issue does not involve any fresh fund infusion by investors. Instead, it is an accounting action that converts reserves into share capital.

Market mechanics: ex-bonus trading and price adjustment

With the ex-bonus basis date stated as October 7, 2026, the market treatment is straightforward: trades from that date are expected to reflect the stock trading without the bonus entitlement. The corporate action note explicitly references an appropriate price adjustment after the bonus issue because the number of shares increases. While the company’s overall value does not automatically change due to a bonus issue alone, the per-share price typically adjusts due to the expanded share count. The disclosures also point to increased share liquidity on the exchange as a consequence of more shares being outstanding. Investors tracking their holdings should focus on eligibility as of the record date and the timeline for allotment and trading availability. The announcement also reinforces the operational alignment with the deemed allotment and next-day trading availability described in the input.

Company background included in the disclosures

The provided information describes P.H. Capital Ltd as a financial services provider engaged in financing and investment activities. It also notes the company’s incorporation in 1973. The same input references that the company had filed its annual report for FY26 with BSE and that the AGM notice carried proposals including the bonus issue and the name change. In addition, the board is said to have approved the bonus issue earlier, with shareholder approval subsequently obtained at the AGM. The sequence described ties together board consideration, shareholder approval, and the operational corporate action dates. The name change to AHB Capital Limited is highlighted as already having been reported as a recent change.

Key facts at a glance

Why this corporate action matters

The bonus issue is significant mainly for how it changes the share count and trading mechanics for shareholders. Eligibility is tied strictly to the record date, which makes settlement timing and holding status important around October 7, 2026. The corporate action also signals the company’s decision to convert part of its free reserves into equity share capital up to the stated limit, rather than using reserves for other purposes. From a market structure perspective, the ex-bonus date and the allotment-to-trading timeline are the operational milestones investors typically watch. The AGM approvals and authorised share capital increase are also important because they remove procedural uncertainty and enable the execution of the bonus issue as scheduled. The name change to AHB Capital Limited is another relevant corporate update that shareholders may see reflected in exchange records and company communication.

Conclusion

P H Capital Limited has set October 7, 2026 as the record date for its 10:1 bonus issue, with bonus share allotment dated October 8 and trading expected to start from October 9. Shareholder approval at the September 18, 2026 AGM and the proposed authorised capital increase underpin the execution of the bonus plan. The next confirmed milestone is the deemed allotment date, after which the bonus shares are expected to be available for trading on the exchange as disclosed.