Chavda Infra has approved a 1:1 bonus share issue for existing shareholders, alongside a proposal to increase its authorized share capital to ₹70 crore.
The board’s decision means investors will receive one fully paid-up equity share for every share currently held, subject to final approval from shareholders and relevant regulatory bodies.
The company plans to issue a total of 3.26 crore bonus shares under the scheme.
The move increases the number of outstanding shares without altering the proportional ownership of existing investors.
While the bonus issue does not change the company’s market capitalization, it can improve liquidity and lower the per-share price, potentially making the stock more accessible to retail investors.
The increase in authorized capital provides the company with greater flexibility for future equity fundraising or corporate actions.