Sahana System Approves Bonus Issue, Announces New Registered Office and Subsidiary Plan
Sahana System Limited has announced several significant corporate developments following its Board meeting on August 3, 2026. The company approved the allotment of a large number of bonus equity shares, confirmed the shifting of its registered office within Ahmedabad, and proposed the incorporation and investment in a new subsidiary focused on semi-conductors.The Board decided to allot 17,67,421 Bonus Equity Shares, each with a face value of Rs. 10/- (Rupees Ten Only). These shares were granted in the proportion of 1:5 to eligible members whose names appeared in the Register of Members as on July 31, 2026, designated as the record date. The bonus shares are set to be credited to the shareholders within statutory time limits.
The allotment resulted in a substantial increase in the paid-up Equity Share capital of Sahana System Limited.
| Particulars | No. of Shares | Face Value (in Rs.) | Amount (in Rs.) |
|---|---|---|---|
| Paid-up Share Capital (Pre- Bonus Issue) | 88,37,104 | Rs. 10/- | Rs. 8,83,71,040/- |
| Paid-up Share Capital (Post Bonus Issue) | 1,06,04,525 | Rs. 10/- | Rs. 10,60,45,250/- |
The bonus Equity Shares will rank pari passu with the existing fully paid up Equity Shares of the Company.
Office Relocation and Subsidiary Proposal
In an operational update, Sahana System Limited approved the shifting of its registered office. The company will relocate from 1301, Maple Trade Centre, Nr. Surdhara Circle, Sal Hospital Road, Thaltej, Memnagar, Ahmedabad 380052, Gujarat, to Sahana House, Meridian Square, Nr. Zydus Hospital, Hebatpur Road, Thaltej, Ahmedabad-380059, Gujarat, India. The shift is scheduled to take effect from August 4, 2026.Furthermore, the Board approved a proposal for the incorporation and subsequent investment in a new subsidiary, "Sahana Semi-Conductor Limited" (or any name approved by relevant authorities). This proposed entity will be engaged in the design and fabrication of semi-conductors and semi-conductor devices, operating within the Electronics and Information Technology industry.
The initial subscription to 6,000 Equity Shares of the proposed subsidiary, valued at Rs. 10/- per share, amounting to Rs. 60,000/-, is structured as follows:
| Participant | Number of Shares Subscribed | Percentage Shareholding / Control |
|---|---|---|
| Sahana System Limited (Holding & Promoter Company) | 6,000 | 40% |
| Mr. Pratik Kakadia (Promoter) | 4,000 | 60% |
The subscription will be executed through cash consideration and concerns the Memorandum and Articles of Association of the Subsidiary Company.
SAHANA Stock Price Movement
Shares of Sahana System Limited are edging higher to ₹851 as of 12:15 PM today, climbing by ₹6.50 or 0.77%. The stock is showing active interest in the live market, with a current trading volume registering 4,350 shares.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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