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Silver Touch Technologies Announces 1:1 Bonus Issue and 5:1 Stock Split
Silver Touch Technologies Limited
January 16, 2026, 08:58 AM
Silver Touch Technologies will sub-divide its shares 5:1 (₹10 to ₹2 face value) and issue a 1:1 bonus share. This aims to boost liquidity. The company also plans to increase authorized capital to ₹30 Crore. Both actions are targeted for completion by March 15, 2026.
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Silver Touch Technologies Limited announced a series of significant corporate actions following its Board Meeting held on January 16, 2026. The Board has recommended a sub-division of equity shares, altering the face value from ₹10 to ₹2 each, effectively splitting each share into five. This is intended to enhance liquidity and public participation.
Subsequently, the company plans to increase its authorised share capital from ₹16 Crore to ₹30 Crore. This increase will accommodate the sub-division and a proposed bonus issue. The bonus issue is set at a ratio of 1:1, meaning shareholders will receive one bonus equity share of ₹2 each for every one equity share of ₹2 they hold as of a future record date.
The company has approved the notice for a postal ballot to seek shareholder approval for these proposals. M/s. Sandip Sheth & Associates have been appointed as scrutinizers for the postal ballot and e-voting process. Both the stock sub-division and the bonus share issuance are expected to be completed by March 15, 2026, subject to necessary approvals.
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