Stock To Watch: Chemical Company Plans Massive 5:1 Bonus Issue, 10:1 Stock Split & 50% Dividend

The Ahmedabad-based listed chemical trading and logistics company A-1 Ltd (formerly A-1 Acid Ltd) has announced that its board of directors will convene on November 14 to discuss and approve the issuance of bonus shares in a 5:1 ratio, a 10:1 stock split, a 50% dividend for FY26, and the approval of the company's expansion into EV and clean mobility. On November 11, the company will release its Q2FY26 results.

The company announced that it would consider and approve the issuance of bonus equity shares in the ratio of up to five fully paid-up equity shares for every existing equity share held by the members of the company, as on a Record Date to be fixed later, at the board meeting on November 14, subject to shareholder and regulatory approval. Additionally, the company will consider and authorize the subdivision (stock split) of its current 1 equity share into up to 10 equity shares, as well as set the Record Date for the same will be announced in due course.

Furthermore, the company stated that, subject to shareholder approval, it will take into account and propose a dividend of up to 50% on the company's paid-up equity share capital for the current year. In a strategic move away from chemicals and toward sustainable mobility, the company has announced a significant diversification into India's rapidly expanding electric vehicle (EV) sector. Additionally, the company intends to authorize A-1 Sureja Industries' projected expansion of operations into new EV-related verticals and associated clean mobility industries, including R&D, battery technology, EV component production, and smart charging infrastructure.

According to bulk deal data on the BSE, on November 7, 2025, the Mauritius-based Minerva Ventures Fund purchased 66,500 equity shares of A-1 Ltd. at a price of Rs. 1,655.45 per share. The fund purchased A1 Ltd's shares on the open market for a total of Rs. 11 crore.

A-1 Ltd aims to develop into a multi-vertical green business by 2028 by combining clean transportation solutions with low-emission chemical processes. With a variety of revenue sources, scalable manufacturing capabilities, and growing institutional interest, the company's reinvention positions it as a mid-cap ESG leader poised for the future. A-1 Ltd, formerly known as A-1 Acid Ltd, is a prominent brand in chemical distribution, transportation, and trade in India, serving industries including manufacturing, textiles, and pharmaceuticals. The company's headquarters are in Ahmedabad, Gujarat, and it is listed on the BSE mainboard.