Triton Valves Sets 3:1 Bonus Issue Record Date for Equity Shareholders on April 1, 2026

Triton Valves Ltd. drew fresh attention after its board set a record date for bonus shares. The stock closed at Rs 3387.70 on the BSE on March 25, 2026. That was up 1.81% from the prior close. The company’s market capitalisation stood at Rs 433.80 Cr.

The small-cap precision valve maker started in 1975 and was set up by M.V. Gokarn. Triton Valves has its head office in Bengaluru and makes products in Mysuru. It is India’s largest tyre valve producer. The firm supplies mining, automotive, ac, and aerospace customers.

"Pursuant to Regulation 42 of the Listing Regulations, this is to inform you that the Company has fixed Wednesday, 1st April 2026 as the "Record Date" for determining the entitlement of Equity Shareholders for the purpose of the issue of bonus equity shares in the ratio of 3:1, i.e., three (3) bonus equity shares of face value of INR 10/- (Indian Rupees Ten Only) each for every one (1) fully paid-up equity share of face value of INR 10/- (Indian Rupees Ten Only) each ranking pari-passu in all respects, which was approved by the Shareholders (via Postal Ballot) on 21st March, 2026, as already intimated to the Stock Exchanges and the result of the same were intimated on 23rd March, 2026," confirmed Triton Valves in a regulatory filing.

Triton Valves also disclosed the timeline for crediting the bonus shares. The deemed date of allotment of bonus equity shares shall be Thursday, 02nd April 2026. Investors often track this date to estimate when holdings may reflect the new shares. The announcement helped keep the stock in focus.

Triton Valves reported higher consolidated numbers in Q3 FY26 versus Q3 FY25. Sales rose 25.57% to Rs 152.75 Cr from Rs 121.65 Cr. PAT increased to Rs 2.64 Cr from Rs 1.07 Cr. EBITDA grew 43.89% to Rs 11.54 Cr, and margin improved to 7.6% from 6.6%.

Metric	Q3 FY26	Q3 FY25
Consolidated sales	Rs 152.75 Cr	Rs 121.65 Cr
Consolidated PAT	Rs 2.64 Cr	Rs 1.07 Cr
Consolidated EBITDA	Rs 11.54 Cr	Not stated
EBITDA margin	7.6%	6.6%

Some balance sheet indicators shifted during the period. ROCE eased to 10.12% from 11.33%. Debt over equity moved up to 0.96 from 0.83. Operating cash flow stayed strong at Rs 14.7 Cr. Investment cash flow showed Capex of Rs 11.8 Cr, and Triton Valves said it will surpass its FY26 revenue target of Rs 550 Cr.

Triton Valves share price: technical levels and view

"Triton Valves stock price is bearish on the Daily charts with strong resistance at 3493. A Daily close below support of 3232 could lead to a target of 3006 in the near term," commented A R Ramachandran, part-time SEBI-registered Research Analyst, Tips2trades.

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Triton Valves remains in the spotlight due to its 3:1 bonus issue schedule and recent price action. The record date is April 1, 2026, with a deemed allotment date of April 2, 2026. Recent results showed higher sales, profit, and EBITDA, alongside a lower ROCE and higher leverage. Technical levels highlighted key support and resistance points.