eClerx Services Limited announced that its Stakeholders’ Relationship Committee approved the allotment of 4,70,25,359 fully paid-up Bonus Equity Shares. The issue ratio is 1:1, meaning one new share for every existing share held as of the March 13, 2026, Record Date. This action effectively doubled the company’s paid-up equity capital, increasing the total amount to over ₹94 crore post-allotment.
Approval and Rationale for Bonus Issue
On March 16, 2026, eClerx Services Limited confirmed, via circular resolution, the formal approval and allotment of bonus equity shares. This decision was made to enhance shareholder value and increase the liquidity of the company’s equity on the stock exchanges.
Key Allotment Details
The allotment was made in the proportion of 1:1. This translates to the issuance of 1 (One) new fully paid-up equity share of Rs. 10/- for every 1 (One) existing fully paid-up equity share of Rs. 10/- held by eligible members.
- Total Bonus Shares Allotted: 4,70,25,359 (Four Crores Seventy Lakh Twenty Five Thousands Three Hundred and Fifty Nine).
- Record Date: March 13, 2026.
- Ranking: The newly issued bonus shares will rank pari-passu (equally) with the existing equity shares in all respects.
Impact on Share Capital Structure
The allotment has resulted in a substantial increase in the paid-up equity share capital of eClerx Services Limited. The following table summarizes the change:
Capital Restructuring Figures
Pre-Bonus Issue:
- No. of Shares: 4,70,25,359
- Face Value (Rs.): 10/-
- Total Amount (Rs.): 47,02,53,590
Post Bonus Issue:
- No. of Shares: 9,40,50,718
- Face Value (Rs.): 10/-
- Total Amount (Rs.): 94,05,07,180
The company confirmed that the bonus shares will be credited to the respective shareholders’ demat accounts within the stipulated statutory timelines. Further details regarding this allotment will be made available on the company’s official website.
Source: BSE
