Aaron Industries Approves 1:1 Bonus Issue; Share Capital to Double to ₹20.94 Cr

Surat, July 23, 2025 – Aaron Industries Ltd (NSE: AARON) carried out a 1:1 bonus issue, effectively doubling its paid-up equity share capital from ₹10.47 crores to ₹20.94 crores, as approved by its Board during a meeting held today at its registered office.

The bonus shares shall be issued from the free reserves and securities premium of the company, based on the free reserves as of March 31, 2025, with a sufficient balance of retained earnings of ₹22.89 crores, and a securities premium of ₹9.66 crores as per the audited financials.

Aaron Industries Ltd Share Price Momentum

As of 23 July 2025 at 1:11 pm, the share price of Aaron Industries Ltd. on the NSE is approximately ₹408.60, with positive momentum slightly higher than its previous close of ₹397.25. The stock opened at ₹400.00 and reached a high of ₹424.95 today, with a volume of 47,170.

Bonus Issue Details

The company has announced a 1:1 bonus issue, doubling its equity shares from 1,04,73,239 to 2,09,46,478. As a result, the paid-up share capital increased from ₹10.47 crore to ₹20.94 crore. The face value per share remains unchanged at ₹10. Shareholders will receive one bonus share for every share they currently hold.

Issue Summary

The Company intends to have a 1:1 bonus issue of 1,04,73,239 bonus shares, which will be funded by free reserves and/or securities premium. The expected credit date for this transaction is on or before September 21, 2025, pending approval by the Shareholders at our upcoming 12th Annual General Meeting, which will take place on August 19, 2025, via video conference. The record date will be notified to our Shareholders after approval is obtained. This bonus issue service aims to reward existing shareholders by doubling their shareholding at no additional cost.

Additional Board Approvals

The board approved an increase in the authorised share capital to ₹21 crore from ₹11 crore through an amendment to the Memorandum of Association. M/s. Dhirren R. Dave & Co. was appointed as the Secretarial Auditor for FY26–FY30. Additionally, the final dividend record date has been decided to be August 8, 2025, subject to approval by Shareholders at the AGM.

Company Overview

Aaron Industries Ltd, listed on NSE, is engaged in manufacturing elevator parts and electrical products. Based in Surat, Gujarat, the company continues to expand its corporate governance and capital structure through shareholder-friendly initiatives, such as this bonus issue.

REF: https://nsearchives.nseindia.com/corporate/AARON_23072025113802_BMOutcome_23072025.pdf

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