Bharat Rasayan shares fell 6.36% to ₹11,120 on Monday after the company announced a stock split and a bonus share issue. Despite the decline, the stock has shown strong momentum recently, rising 11% over the past month and over 15% in the last six months. Over a 25-year period, Bharat Rasayan has delivered exceptional returns, appreciating more than 44,400%.
The company’s board approved, subject to shareholder consent, a stock split and a 1:1 bonus share issuance. Under the plan, the existing 41.55 lakh equity shares of ₹10 each will be split into 83.10 lakh fully paid-up shares of ₹5 each, aiming to improve liquidity, attract more investors, and make the shares more affordable for retail participants. Additionally, the board recommended a 1:1 bonus issue, giving one extra ₹5 share for every existing share, with a Bonus Issue Committee supervising the process.
Post-issue, 83.10 lakh new shares will be allotted, increasing paid-up capital to ₹8.31 crore across 1.66 crore shares of ₹5 each. The bonus shares will be issued from the company’s Free Reserves and Capital Redemption Reserve of ₹1,10,246.64 lakh, with ₹4.16 crore capitalized. The shares are expected to be credited or dispatched by December 23, 2025.
