Best Agrolife Stock Split and Bonus Issue Approved to Expand Investor Participation

Best Agrolife Limited is moving ahead with a stock split and bonus issue, after receiving in-principle approvals from both NSE and BSE for issuing 12,99,42,450 bonus equity shares. The corporate action aims to widen investor participation and improve trading liquidity in the company’s shares.

The Board has cleared a plan that lowers the face value of each equity share and also adds new shares without extra cost to existing investors. The proposals are subject to shareholder consent and several statutory clearances from regulatory authorities before final implementation.

Under the approved stock split, each existing equity share of face value Rs 10 fully paid-up will be split into 10 equity shares of face value Re 1 each fully paid-up. Alongside this, shareholders will receive bonus equity shares in the ratio of 1:2 based on the new denomination.

The company has fixed a specific cut-off for identifying investors who will benefit from these moves. "Pursuant to Regulation 42 of the SEBI Listing Regulations, 2015, we wish to inform you that the Company has fixed Friday, January 16, 2026, as the 'Record Date' for the purpose of determining the members eligible for the sub-division of existing equity shares and issue of bonus equity shares of the Company," said Best Agrolife in a stock exchange filing.

The bonus issue will be in the proportion of 1 new share for every 2 equity shares held, after the stock split. Formally, the Board has approved "issue of bonus equity shares in the ratio of 1:2 i.e.,1 bonus equity shares of face value Re.1 each for every 2 equity share of face value Re. 1 each fully paid up."

The National Stock Exchange of India Limited and BSE Limited have granted in-principle consent for the company to issue and allot 12,99,42,450 bonus equity shares, each with a face value of Re 1. Post adjustment for the split, a total of 11,17,18,750 authorised shares has been earmarked for holders of convertible securities.

These approvals remain conditional on fulfilment of several regulatory requirements. The company must obtain necessary permissions and filings with agencies including the Ministry of Corporate Affairs, the Reserve Bank of India and the Securities and Exchange Board of India before the bonus shares and split become effective.

Best Agrolife stock split, market performance and analyst view

On the BSE, Best Agrolife's share price ended at Rs 390.90 on Thursday, January 2, gaining 2.13% over the previous close. The stock reached a 52-week peak of Rs 642.00 on January 3, 2025, and recorded a 52-week low of Rs 244.55 on March 26, 2025.

Parameter	Value
Closing price (BSE) on January 2, 2025	Rs 390.90
Daily change	+2.13%
52-week high (date)	Rs 642.00 (03/01/2025)
52-week low (date)	Rs 244.55 (26/03/2025)

Technical view on the stock remains cautious in the near term. "Best AgroLife stock price is sideways to bearish with strong resistance at 396 on the Daily charts. A Daily close below support of 377 could lead to a target of 358 in the near term," commented A R Ramachandran, part-time SEBI-registered Research Analyst, Tips2trades.

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