1:10 Stock Split + 1:2 Bonus Issue: BSE smallcap firm declares double delight for shareholders

1:10 Stock Split + 1:2 Bonus Issue: BSE smallcap firm declares double delight for shareholders
BSE SmallCap company has announced a stock split and a bonus share issue, offering shareholders a dual benefit. Image Credit: Freepik

BSE SmallCap company has announced a stock split and a bonus share issue, offering shareholders a dual benefit. The company has a market capitalisation of Rs 920.37 crore and operates in the Pesticides & Agrochemicals sector.

Over the past week, the stock has gained Rs 27.95 (7.74 per cent ), while in two weeks it rose Rs 89.05 (29.66 per cent ). In the past month, it has increased by Rs 58.80 (17.79 per cent ), and over six months, it is up by Rs 44.25 (12.83 per cent ).

However, over the last year, the stock declined by Rs 239.10 (38.05 per cent ) and fell by Rs 1,254.25 (76.32 per cent ) over the past three years.

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Stock Split Announced

The proposed stock split is in the ratio of 1:10, meaning 1 existing equity share of Rs 10 each will be subdivided into 10 equity shares of Re. 1 each for shareholders on the record date, subject to approval at the Extraordinary General Meeting.

In its exchange filing, the company stated, “Sub-division of 1 (One) equity share of face value of Rs 10 each fully paid-up into 10 (Ten) equity shares of face value of Re 1 each fully paid-up, held by the shareholders of the company as on the record date, subject to the approval of shareholders in Extraordinary General Meeting.”

Bonus Shares Announced

The bonus issue is proposed in the ratio of 1:2, meaning shareholders will receive 1 bonus equity share for every 2 existing equity shares held on the record date, also subject to approval at the Extraordinary General Meeting.

The filing noted, “Issue of bonus equity shares in the ratio of 1:2, i.e., 1 (One) bonus Equity Share of Re. 1/- each for every 2 (Two) Equity Shares of Re. 1/- each fully paid-up, held by the shareholders of the Company as on the record date, subject to the approval of shareholders in the extraordinary general meeting.”

Best Agrolife Dividend History

The company under discussion is Best Agrolife Ltd, which is currently trading at the Rs 390 levels.

The company has maintained a consistent dividend payout in recent years. On 23rd September 2025, it declared a dividend of Rs 3 per share, unchanged from 2024 and 2023. In 2022 and 2021, the dividend was Rs 2 per share.

In Q2 FY26, the company reported revenue of Rs 517 crore, down 30.8 per cent from Rs 747 crore in the same quarter last year. Net profit declined 59 per cent year-on-year to Rs 39 crore from Rs 95 crore in Q2 FY25. EBITDA stood at Rs 57.6 crore, with an EBITDA margin of 15 per cent, down 470 basis points compared to the previous year.