Chandra Prabhu International Shares! Board Sets Record Date For 1:2 Bonus Shares; Buy The Penny Stock?

With more than 25 years of expertise in the export and import of coal, synthetic rubber, and agricultural commodities, among other things, Chandra Prabhu International has announced that its Board of Directors has set a record date for bonus shares. The bonus issue was promptly communicated to the Bombay Stock Exchange on September 10, 2025, after being authorized by the members at the 40th Annual General Meeting.

Chandra Prabhu International Bonus Shares Record Date

"Pursuant to Regulation 42 of the Listing Regulations, this is to inform you that M/s Chandra Prabhu International Limited ("the Company") has fixed Friday, 26th September 2025 as the "Record Date" for determining entitlement of Equity Shareholders for the purpose of issue of bonus equity shares in the ratio of 1:2, i.e., one (1) bonus equity share of face value of Rs. 2/- each for every Two (2) fully paid-up equity share of face value of Rs. 2/- each ranking paripassu in all respects, which was approved by the members at the 40th Annual General Meeting held on 10th September 2025, which was duly intimated to the Bombay Stock Exchange on the same day i.e. 10th September, 2025," said Chandra Prabhu International in a stock exchange filing.
The deemed date of allotment of bonus equity shares shall be Monday, 29th September, 2025, the company further announced.

Chandra Prabhu International Bonus Shares Details

Through a bonus issue, the company has planned to issue 92,45,000 equity shares with a face value of Rs 2 apiece, a total of Rs 1.84 crore. According to the audited financial accounts on March 31, 2025, these bonus shares will be distributed by capitalizing retained earnings (free reserves).

One bonus share will be awarded for every two fully paid-up equity shares owned by current shareholders, since the bonus ratio has been set at 1:2. Following this bonus issue, the authorized share capital stays at Rs 3 crore, but the subscribed share capital will rise from Rs 1,84,90,000, comprising 92,45,000 shares, to Rs 2,77,35,000, representing 1,38,67,500 shares.

For implementing this bonus issue, an amount of Rs 1.84 crore will be utilized from the free reserves, which stand at Rs 45.61 crores as on 31st March 2025.

Chandra Prabhu International Target Price

"Chandra Prabhu stock price is sideways to bearish on the Daily charts with strong resistance at 21. A daily close below support of 18.5 could lead to a target of 16.5 in the near term," commented A R Ramachandran, independent research analyst.

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