Bonus Issue And Stock Split Alert! This NSE & BSE Chemical Stock Sets Record Date For Dual Corporate Action

In order to improve liquidity and investor involvement, Best Agrolife Limited has announced a significant corporate action for its shareholders, which involves a stock split and bonus issue. In order to determine eligible shareholders for the subdivision of equity shares from a face value of Rs 10 to Rs 1 and the issuance of bonus shares in a ratio of 1:2, the firm has set a record date. This action, which was authorized by the Board and subject to shareholder approval, demonstrates Best Agrolife's goal to reward long-term investors while making the stock more affordable.

"Pursuant to Regulation 42 of the SEBI Listing Regulations, 2015, we wish to inform you that the Company has fixed Friday, January 16, 2026, as the 'Record Date' for the purpose of determining the members eligible for the sub-division of existing equity shares and issue of bonus equity shares of the Company," said Best Agrolife in a stock exchange filing.

The Board of Directors of Best Agrolife has approved the subdivision of 1 equity share of face value of Rs. 10/- each fully paid-up into 10 equity shares of face value of Re. 1 each fully paid-up; and issue of bonus equity shares in the ratio of 1:2 i.e.,1 bonus equity shares of face value Re.1 each for every 2 equity share of face value Re. 1 each fully paid up.

The National Stock Exchange of India Limited (NSE) and BSE Limited have granted Best Agrolife Limited in-principle approval to issue and allot 12,99,42,450 bonus equity shares. Each of these shares has a face value of Rs 1. The BSE approved it on December 31, 2025, and the NSE approved it on January 1, 2026. One new equity share is issued for every two existing equity shares in the firm as part of the bonus. After adjustments for a stock split, the total number of authorized shares comprises 11,17,18,750 shares that have been set aside for holders of convertible securities.

The authorizations are subject to a number of regulatory requirements, such as receiving the required statutory permissions from regulatory bodies including the MCA, RBI, and SEBI.

Best Agrolife's shares closed at Rs 390.90 a share on the BSE on Thursday, January 2, up 2.13% from the previous close. The stock hit a 52-week high of Rs 642.00 on 03/01/2025 and a 52-week low of Rs 244.55 on March 26, 2025.

"Best AgroLife stock price is sideways to bearish with strong resistance at 396 on the Daily charts. A Daily close below support of 377 could lead to a target of 358 in the near term," commented A R Ramachandran, part-time SEBI-registered Research Analyst, Tips2trades.

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