Aastha Spintex Bonus Issue Alert: Last Day To Buy For 1:1 Bonus; Stock Slumps 10%, Rs 25 Crore Order In Focus

Shares of Aastha Spintex Ltd are in focus on Friday, September 25, as today is the last trading day for investors looking to become eligible for the company's upcoming 1:1 bonus issue. The textile stock has fixed September 28 as the record date for determining shareholders eligible for the bonus shares.

1:1 Bonus Shares Alert! Aastha Spintex Bonus Issue Announced

Aastha Spintex has announced a 1:1 bonus issue, under which eligible shareholders will receive one additional fully paid-up equity share for every one existing equity share held on the record date.

The face value of both the existing and bonus shares is Rs 10. The company has fixed September 28, 2026, as the record date for identifying shareholders eligible for the bonus issue.

Aastha Spintex Share Price Today Ahead of Bonus Issue

However, the stock is under pressure in Friday's trading session. Aastha Spintex shares were trading at Rs 72.72, down 10%, around 12:01 pm, after opening at Rs 79. The stock touched an intraday high of Rs 79 before slipping to Rs 72.72.

Aastha Spintex Bonus Issue: September 25 Is Last Day To Buy; Understand T+1 Settlement Cycle

With the record date falling on Monday, September 28, investors need to account for India's T+1 settlement cycle. Since shares purchased on Friday, September 25, would settle on the next trading day, September 28 becomes the relevant record date for eligibility.

This makes September 25 the key trading day for investors who want to qualify for the 1:1 bonus issue. In simple terms, an investor holding 100 Aastha Spintex shares and qualifying for the bonus would receive another 100 shares, taking the total holding to 200 shares.

Aastha Spintex Bags Rs 25 Crore Textile Order

Alongside the bonus issue, Aastha Spintex has also announced a fresh business update. The Gujarat-based textile company has secured a Rs 25 crore order from JSK Textile LLP for the manufacture and supply of Greige Fabric. The order is scheduled to be executed over a period of two years, adding another business development to watch alongside the company's upcoming bonus issue.

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