Now Reading: P H Capital fixes Oct 7 record date for 10:1 bonus share issue
-
01
P H Capital fixes Oct 7 record date for 10:1 bonus share issue
P H Capital Ltd has fixed October 7, 2026 as the record date for its 10:1 bonus share issue, entitling shareholders to ten new shares for every one existing share held. The company will issue 3,00,01,000 bonus shares of face value ₹10 each against the existing 30,00,100 shares.
The deemed date of allotment is October 8, 2026, and the new shares will be available for trading on stock exchanges from October 9, 2026, in compliance with SEBI circular CIR/CFD/PoD/2024/122. The Board approved the record date on September 30, 2026, following shareholder approval at the Annual General Meeting.
Indian Opinion Analysis
The 10:1 bonus issue will increase P H Capital's equity base tenfold, raising the total shares to over 3.3 crore. While this rewards existing shareholders with a massive scrip dividend, the dilution will proportionally reduce earnings per share unless net profit grows at a matching pace. The company has also secured approval for higher borrowing limits and a name change, suggesting broader corporate restructuring. Investors will watch the trading volume and price discovery when the new shares start trading on 9 October.
Source: scanx.trade
This brief was synthesised by AI from the source linked above. Methodology and corrections.
