Bharat Rasayan shares slip nearly 9% after board approves stock split, bonus issue; check details

This comes after the company’s board approved the subdivision of its equity shares and the issue of bonus shares in a 1:1 ratio to eligible shareholders.

The stock was trading 6.53% lower at ₹10,999 per equity share at around 12:03 pm.

In a regulatory filing dated Friday, the Indian agrochemical firm said that its board has approved the subdivision of the existing 41,55,268 equity shares of face value of ₹10 each, fully paid-up, to 83,10,536 shares of the face value of ₹5 each, fully paid-up.

Accordingly, the board approved a consequential amendment to the company's capital clause in the Memorandum of Association.

The share split is set to be completed within approximately two months from the date, subject to approvals.

The subdivision of shares is meant to boost the liquidity of its scrips, expand the shareholders' base, and make the shares more affordable to small investors, the company said.

Furthermore, its board of directors also considered and recommended the issuance of bonus equity shares in a 1:1 ratio, which means for every one share of ₹5 that an investor holds, they will receive an additional share of ₹5.

The bonus shares will be issued out of the free reserves and capital redemption reserve of the company available as of March 31, 2025, it added.

While the record date for the bonus 1:1 share issue is yet to be set, the firm added that it will be dispatched within two months from the date of the board’s approval, i.e., on or before December 23, 2025.

Bharat Rasayan stock performance

The scrip has gained over 4% over the past five days and more than 11% over the month. It has surged over 15% in the last six months. On a year-to-date basis, it has soared 8.5%.

While the stock reached a 52-week low of ₹8,798.50 on May 29, 2025, it touched a year’s high of ₹12,300 apiece on November 6, 2024.

Bharat Rasayan has a total market capitalisation of ₹4,570.38 crore, as of October 27, 2025, according to data on the NSE.