eClerx’s Board of Directors has approved the issuance of bonus equity shares in a 1:1 ratio. Shareholders will receive one new equity share for every one share held. The bonus issue will be sourced from the company’s retained earnings. The record date will be determined later, pending shareholder approval via postal ballot. The bonus shares are expected to be credited by March 27, 2026.
Bonus Issue Details
The Board of Directors of eClerx has approved the issuance of Bonus Equity Shares at its meeting held on January 28, 2026. The bonus issue is in the proportion of 1:1 i.e., one new equity share for every one existing equity share held.
Source and Approval
The bonus shares will be issued out of Retained Earnings (Free Reserve) available as per the audited financial statements of the Company for the financial year ended March 31, 2025. This is subject to shareholders’ approval through Postal Ballot. The record date will be decided by the Board/Committee of the Board subsequently.
Impact on Share Capital
Prior to the bonus issue, the Issued and Paid-up Equity Share Capital was Rs. 470,253,590. Post bonus issue, the Issued Equity Share Capital will increase to Rs. 940,507,180. This adjustment reflects the issuance of new shares without any additional capital infusion.
Timeline and Credit Date
The bonus shares are estimated to be credited/dispatched within 60 days from the date of Board’s approval, i.e., latest by March 27, 2026. All allotted bonus shares will rank equally with the existing fully paid-up equity shares of the company.
Financial Impact
The company will utilize Rs. 470,253,590 from its Retained Earnings for this bonus issue. As of March 31, 2025, eClerx had Retained earnings of Rs. 13,777,220,000 available for capitalization.
Source: BSE
