Silver Touch Technologies Plans Stock Split and 1:1 Bonus Issue Ahead of 2026 Completion

Silver Touch Technologies has outlined a major capital restructuring plan that includes a stock split, a bonus share issue, and an increase in authorised equity. These corporate actions, approved by the Board of Directors on 16 January 2026, are subject to shareholder and regulatory clearances and are expected to be completed by 15 March 2026.

The decisions were disclosed through a regulatory filing to the stock exchanges. The sequence will first involve splitting the company’s equity shares, followed by issuing bonus shares post-adjustment. These steps are designed to alter the share count and face value while keeping the company’s overall paid-up capital structure aligned with regulatory norms.

The Board approved "Sub-division of equity shares of the Company, such that 1 (One) equity share having face value of Rs 10/- (Rupees Ten Only) each, fully paid-up, be sub-divided into 5 (Five) equity shares having face value of Rs 2/- (Rupees Two Only) each fully paid-up held by the shareholders of the Company as on the record date, to be determined later," said Silver Touch Technologies in a stock exchange filing.

Under this stock split, the authorised equity share capital will move from 1.60 crore shares of face value Rs 10 each to 8.00 crore shares of face value Rs 2 each. The paid-up equity capital will shift proportionately from 1,26,81,000 shares of Rs 10 each to 6,34,05,000 shares of Rs 2 each once the split becomes effective.

After the stock split takes effect, Silver Touch Technologies plans a bonus issue as the next step in its capital restructuring. The Board of Directors considered and approved "Issue of bonus equity shares in the ratio of 1:1 i.e., 1 (One) bonus equity shares of Rs 2/- each for every 1 (one) equity share of Rs 2/- each fully paid-up held by the shareholders of the Company as on the record date, to be determined later," said Silver Touch Technologies in a regulatory filing.

The company proposes to issue 6,34,05,000 bonus equity shares of face value Rs 2 each to eligible shareholders, matching the post-split paid-up share count. Following this issue, the subscribed share capital will rise from 6,34,05,000 equity shares to 12,68,10,000 equity shares, while the authorised share capital is planned to remain at 15,00,00,000 equity shares of face value Rs 2 each.

To fund the 1:1 bonus shares, Silver Touch Technologies will capitalise Rs 12.68 crore from the share premium account or free reserves. As per audited financial statements dated 31 March 2025, the company has free reserves of Rs 118.12 crore, which the Board has noted as sufficient to support the proposed bonus issuance without straining existing resources.

Silver Touch Technologies stock split and bonus shares: key numbers

Both the stock split and bonus issue are scheduled to be completed on or before 15 March 2026, once regulatory and shareholder approvals are in place. Record dates for eligibility under the stock split and the bonus issue will be fixed later, and will determine which shareholders receive the split shares and the additional bonus shares.

The combined effects of these two actions will be a higher number of outstanding equity shares with a lower face value per share. However, the economic interest of each shareholder, before any market price reaction, will remain arithmetically unchanged. The table below summarises the main capital changes disclosed for Silver Touch Technologies.

Stage	Authorised shares	Face value (Rs)	Paid-up shares	Paid-up capital (Rs)
Before stock split	1,60,00,000	10	1,26,81,000	12,68,10,000
After stock split, before bonus	8,00,00,000	2	6,34,05,000	12,68,10,000
After stock split and 1:1 bonus	15,00,00,000*	2	12,68,10,000	25,36,20,000

*Authorised capital to remain at 15,00,00,000 equity shares of Rs 2 each post bonus issue.

Silver Touch Technologies target price and market view

Alongside these corporate actions, market participants are also watching the technical trend in Silver Touch Technologies shares. "Silver Touch Tech stock price is bullish & overbought with strong resistance at 1690 on the Daily charts. Investors should be booking profits at current levels as a Daily close below support of 1442 could lead to a target of 1104 in the near term," commented A R Ramachandran, part-time SEBI-registered Research Analyst, Tips2trades.

The analyst view highlights near-term technical levels that traders may track while the corporate restructuring progresses. These comments focus on chart patterns and price zones, rather than on the long-term fundamentals of Silver Touch Technologies or the valuation impact of the stock split and bonus issue.

The views and recommendations attributed to analysts or other entities are described as their independent opinions and not those of Goodreturns.in or Greynium Information Technologies Private Limited, collectively referenced as "we". The organisations state that they do not assure the accuracy or completeness of such views, and that the content does not amount to investment advice or a request to buy or sell any security.

Readers are informed that the information is meant only for education and general awareness, and should be checked independently with licensed financial advisers before any investment decisions. For finance readers tracking Silver Touch Technologies, the announced stock split, bonus shares and adjusted capital structure provide clear timelines and specific numerical details that can be incorporated into their own analysis.