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The Economic Times
The Economic Times
Business
Debaroti Adhikary

Bonus bonanza! This textile player announced 1:1 bonus issue, dividend just 14 sessions after market debut. Do you own?

Microcap textile company Aastha Spintex on Thursday announced a bonus stock issue in the ratio of 1:1 and a final dividend of Re 0.10 per share for FY26, rewarding its shareholders soon after its market debut earlier this month.

The company in an exchange filing said that its board of directors during its meeting today approved the plan to issue one new share with a face value of Rs 10 each for every share held as on the record date. The bonus shares will be issued by using the company’s reserve and surplus.

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