Wealth Multiplier: Penny Stock Hands Out Free Shares In 1:1 Bonus Issue Ratio Ahead of AGM

Since 2007, Julien Agro Infratech has been involved in the marketing and construction/civil work fields. The approval of Julien Agro Infratech Limited's bonus share issuance, which practically doubles owners' holdings overnight, is expected to thrill investors today. Because bonus issues often act as an unforeseen catalyst for a positive outlook, market observers anticipate more activity at Julien Agro's counter, with volumes expected to soar.

Julien Agro Infratech Bonus Shares

The Board of Directors of the company, at its meeting held on August 18, 2025, considered and approved "Issue of bonus equity shares in the ratio of 1:1, i.e., One (1) bonus equity share of face value of Rs 5/- each for every one (1) fully paid-up equity share of face value of Rs 5/- each, held by the members of the Company as on the record date, by capitalizing a sum not exceeding 297,890,000 (Rupees twenty nine crore seventy eight lakhs ninety thousand only) out of the Securities Premium & Free Reserves of the Company, subject to the approval of the members of the Company. The record date for determining the entitlement of the members of the Company to receive bonus equity shares will be announced in due course," said Julien Agro Infratech in a stock exchange filing.

A bonus issue of 59,578,000 equity shares with a face value of Rs 5 apiece, totalling around Rs 297.89 crore, has been announced by the firm. One fully paid-up equity share will be awarded to shareholders for each share they currently own, since these bonus shares will be issued in a 1:1 ratio. According to the unaudited financial accounts on August 18, 2025, the Securities Premium and Free Reserves would be used for funding the bonus issue.

Following the bonus issue, the authorized share capital of the firm will rise from 6 crore equity shares to 12 crore equity shares, and the paid-up and subscribed capital, which each have a face value of Rs 5, will double from 5.96 crore shares to 11.92 crore shares.

As per the unaudited financial statements dated August 18, 2025, the company has Rs 4,154.47 lakhs available in Securities Premium and Free Reserves for capitalization to support the bonus issue. Additionally, the company has said that the bonus shares would be credited or issued no later than two months after the Board of Directors' approval, which is October 17, 2025, at the latest.

Annual General Meeting Of Julien Agro Infratech For The Financial Year 2024-25

"Pursuant to provisions of Section 91 of the Companies Act, 2013 and Regulation 42 of the Listing Regulations, the Register of Members and Share Transfer Books of the Company will remain closed from Saturday, September 13, 2025 to Saturday, September 20, 2025 (both days inclusive) for taking record of the Members of the Company for the purpose of 28th (Twenty- Eighth) Annual General Meeting (AGM)," said Julien Agro Infratech in a regulatory filing.

Julien Agro Infratech Share Price Target

"Julien Agro Infratech is trading near its lower band, showing signs of accumulation around ₹8.50 support. Sustaining above this zone could trigger a recovery toward ₹9.50-₹10.20 levels. Momentum indicators remain weak but hint at a potential base-building process. A decisive move past ₹10 would strengthen the bullish case, while ₹8.00 should be kept as a strict stop-loss for traders," commented Riyank Arora, technical analyst at Mehta Equities Ltd.

"Julien Agro Infratech stock price is slightly bullish on the Daily charts with strong support at 8.10. A Daily close above resistance of 8.85 could lead to a target of 9.6 in the near term," commented A R Ramachandran, independent research analyst.

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