1:1 Bonus: NBFC Stock Under Rs. 100 Goes Ex-Bonus Today:Shares Down 45% from 52-Week High

Usha Financial Services Ltd, a non-banking finance company (NBFC), will trade ex bonus today, 19th August, for its 1:1 bonus share issue. Investors who bought shares on or before August 18 or are holding existing shares will receive one additional equity share for every share they own, which will effectively double their holdings.

Details of the Bonus Share Issue

As per the company announcements with the exchanges, the total number of bonus shares to be issued is approximately 2.17 crore shares, each carrying a face value of Rs. 10. After the issuance, the paid-up capital of Usha Financial Services will increase from Rs. 21.73 crore to Rs. 43.47 crore. The bonus shares will be issued from the company's audited free reserves as of March 31, 2025, which include Rs. 176.91 crore.

Shareholders eligible for the bonus shares will be determined based on the record date set for Tuesday, August 19. These shares are expected to be credited or dispatched by or before September 6, 2025, pending necessary regulatory approvals.

Usha Financial Services Share Performance

Despite the bonus share issuance, Usha Financial Services shares are trading at Rs. 91.8, down 2.44% today. Over the past year, Usha Financial Services shares have seen a steep decline of 41.10% and are currently 45.36% down from their 52-week high level. Additionally, the company has maintained a low return on equity (ROE) of 11.8% over the last three years. Usha Financial's market cap as of 18 August stood at 199 crore.

About Usha Financial Services Ltd

Incorporated in May 1995, Usha Financial Services Limited is a non-banking finance company (NBFC) that provides lending solutions to NBFCs, corporates, MSMEs, and individuals, with a special focus on women entrepreneurs. The company raised capital through its Usha Financial IPO, which was worth Rs. 98.45 crore, entirely a fresh issue of 0.59 crore shares. The IPO bidding took place last year in October 2024, from October 24 to 28, with allotment finalised on October 29, 2024, and shares listed on NSE SME on October 31, 2024.