Specialty Chemical Company Shares Alert! Record Date Out For 3:1 Bonus Issue & 1:2 Stock Split; Buy The Stock?

A record date has been set by Paushak Ltd., an Indian specialty chemical firm that is a member of the Alembic Group, to split its stock and issue bonus shares. The first week of October is the record date that has been set for figuring out if the shareholders are eligible for the aforementioned corporate measures. Paushak has grown into India's largest manufacturer of specialty and customized phosgene derivatives. As of September 19, the company's market capitalization crossed Rs 2,000 Cr.

Paushak Record Date For Stock Split & Bonus Shares

The company has fixed Friday, 3rd October, 2025 as the 'Record Date' for the purpose of sub-division of 1 equity share of face value of Rs 10/- each fully paid-up into 2 equity shares of face value of Rs 5/- each fully paid-up and issue of bonus equity shares in the ratio of 3:1 i.e., 3 bonus equity shares of ~5/- each for every 1 equity share of Rs 5/- each fully paid-up.

For every 1 equity share of face value Rs 10/- each owned by the shareholders, they will ultimately have 8 equity shares of face value Rs 5/- each fully paid-up, upon completion of stock split and bonus shares, according to the data provided by the firm.

Paushak Stock Split & Bonus Shares Details

According to Paushak, the stock split action had been necessary in order to increase public shareholder engagement. Consequently, the company's authorized equity share capital would increase from 90,00,000 shares of Rs 10 each to 4,00,00,000 shares of Rs 5 each. Additionally, from 30,82,114 shares of Rs 10 each to 61,64,228 shares of Rs 5 each, the paid-up and subscribed equity shares will rise.

The total amount of securities that the company has planned to distribute as bonus shares is 1,84,92,684 equity shares of Rs 5/-each fully paid-up. The authorized capital stays at 4,00,00,000 equity shares of Rs 5 each, while the paid-up and subscribed equity share capital of the firm will rise from 61,64,228 shares to 2,46,56,912 shares. The company's free reserves, which as of March 31, 2025, were Rs 359.64 crore, including Rs 3.14 crore in the Capital Redemption Reserve, would be used to pay out Rs 9.25 crore for the bonus issue.

Paushak Target Price

"Paushak stock price is bullish & also overbought on the Daily charts with next resistance at 6745. Investors should be booking profits at current levels as a Daily close below support of 6150 could lead to a target of 5555 in the near term," commented A R Ramachandran, independent research analyst.

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