NIFTY SME Jewellery Stock Alert! Get 7 Shares For Every 5 Owned; Bonus Shares Approved, Record Date Awaited

Bonus shares have been announced by Foce India Limited, a company in the gems, jewellery, and watches sector that is listed on the NSE SME platform. In their meeting on January 7, 2026, the Board of Directors announced and approved the issuance of bonus equity shares in a ratio of 07:05 i.e. seven new equity shares, each worth Rs. 10, for every five equity shares, each worth Rs. 10, held by the company's shareholders as of the record date.

The Board will decide this later, subject to shareholder approval. In this regard, the board will determine the record date and notify the exchange in accordance with that decision.

The company's authorized share capital, which is split into 1.20 crore equity shares for Rs 10 apiece, is still Rs 12 crore after the bonus issuance. Following the bonus, the issued, subscribed, and fully paid-up share capital—represented by 1,17,43,020 equity shares worth Rs 10 each—rose dramatically to Rs 11.74 crore.

The corporation has used about Rs 6.85 crore from its free reserves and/or securities premium account to fund the bonus issue. The corporation has sufficient reserves available for such capitalization, according to the most recent audited balance statement dated March 31, 2025. The Profit & Loss Account Surplus was Rs 1,201.31 lakh, while the Securities Premium was Rs 1,953.68 lakh.

The company has proposed to issue 68,50,095 equity shares with a face value of Rs 10 apiece, totalling about Rs 6.85 crore, as part of a bonus issue of equity shares.
The company's authorized share capital, which was split into 1.20 crore equity shares of Rs 10 apiece, was Rs 12 crore prior to the bonus issue. Prior to the bonus, 48,92,925 equity shares of Rs 10 each made up the issued, subscribed, and fully paid-up share capital of Rs 4.89 crore.

Foce India Target Price

"Foce India stock price is bearish with strong resistance at 1836 on the Daily charts. A Daily close below support of 1676 could lead to a target of 1555 in the near term," commented A R Ramachandran, part-time SEBI-registered Research Analyst, Tips2trades.

About Foce India

For the past thirty years, Foce India Limited, formerly known as Heighten Trading Company Private Limited, has led the Indian horology industry. The firm, which began as a modest retail store in Mumbai in the 1980s, is now one of the leaders in the mid-range market and produces and imports wrist watches under a variety of brand names. It began as a retail store in the 1980s, established as Foce India in 2001, and became public with its initial public offering (IPO) in 2021.

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