1 Stock 2 Benefits: 1:10 Stock Split & 1:1 Bonus Shares Declared, 25th July Set As Record Date; Buy?

With its headquarters in Belgaum, Karnataka, India, BEMCO Hydraulics manufactures hydraulic presses and other re-railing instruments. Metalworking, plastics, wood, rubber, electronics, and electrical are among the industries they service. Following the Board's announcement of a "bread and butter" gift for shareholders in the form of bonus shares and a stock split, Bemco Hydraulics Ltd.'s shares finished Wednesday at a 2% upper circuit limit at Rs 2,705.15 per share, with a market valuation of Rs 591.54Cr.

BEMCO Hydraulics Bonus Shares

The Board of Directors in their meeting held on Monday 30th June, 2025 approved and considered "issue of bonus equity shares in the ratio of 1:1 i.e.,Issue of one fully paid bonus equity shares of face value of Rs. 1 each for one equity share of the face value of Rs.1 each," said the company in a stock exchange filing.

21867000 equity shares of Rs. 1 each fully paid up are the total number of securities proposed to be issued or the total amount for which the securities will be issued as a part of bonus shares by BEMCO Hydraulics.

29th August, 2025, subject to necessary approvals, is the estimated date by which such bonus shares would be credited/dispatched by BEMCO Hydraulics as per a regulatory filing.

BEMCO Hydraulics Stock Split

The Board of Directors during the same meeting also declared "Sub division of shares in the ratio of 1:10 i.e. Sub-division of equity shares of face value of Rs. 10 each into equity shares of face value of Rs. 1 each," informed BEMCO Hydraulics to the stock exchanges.

The rationale behind the stock split is to improve the liquidity of the company's shares on the stock market as well as to make them affordable to small' investors as per the Board of Directors.

29th August, 2025 is the estimated date by which the stock split corporate action shall be completed according to BEMCO Hydraulics.

BEMCO Hydraulics Record Date For Stock Split & Bonus Shares

"The Board fixed the 67th forthcoming Annual General Meeting on Friday, 01st August, 2025 at 03:30 PM at the registered office of the company. The board fixed the closure of Register of Members and Share Transfer Books from (Saturday) 26th July,2025 to (Friday) 01st August, 2025 (Inclusive of Both Days). And the record date/cut-off date shall be Friday, 25/07/2025. The board finalized the e-voting dates on account of 67th AGM. The voting period begins on Monday the 28th July, 2025 at 10.00 am and ends on Thursday the 31st July 2025 at 05:00 pm. The cut-off date for the same is fixed on Friday, 25/07/2025," said BEMCO Hydraulics in a regulatory filing.

BEMCO Hydraulics Share Price Target

""Bemco Hydraulics stock price is bullish but also overbought on the Daily charts with next support at 2823. Investors should be booking profits as a Daily close below support of 2600 could lead to a target of 2233 in the near term," commented A R Ramachandran, independent research analyst.

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