Paushak Limited Completes Share Split and Bonus Issue, Directing Physical Holders to Escrow Account
Paushak Limited has completed the allotment of new equity shares following a corporate action, successfully executing both a share sub-division and a bonus issue. The company announced these actions after receiving shareholder approvals through a Postal Ballot on September 18, 2025, based on a Record Date set for October 3, 2025.The corporate actions included the sub-division of one equity share, which had a face value of ₹10 (Rupees Ten Only) each, into two equity shares, each with a face value of ₹5 (Rupees Five Only). Furthermore, Paushak Limited issued three bonus equity shares, valued at ₹5 (Rupees Five Only) each, for every one fully paid-up equity share carrying a face value of ₹5 (Rupees Five Only).
The new equity shares resulting from the split and bonus issue were allotted exclusively in dematerialized form. These securities have been credited to a designated escrow demat account established for this purpose. Accordingly, the physical shareholding of shareholders was also credited to the Company's Escrow Demat Account.
The company issued guidelines concerning compliance for all security holders who hold shares in physical form. The requirements mandated by regulatory bodies specify that if a shareholder has not updated certain KYC details, dividend or interest payments will be withheld and can only be released through electronic mode upon furnishing all required information.
For those shareholders who successfully updated their necessary documents after April 1, 2024, the company confirmed that any dividends or interest declared during the interim period, spanning from April 1, 2024, until the date of KYC updation, will be automatically credited to their registered bank account.
PAUSHAKLTD Stock Price Movement
Shares of Paushak Limited closed today after shedding ₹1.65, settling at ₹452.05 following a 0.36% decline. The stock traded with a total volume of 7,332 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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