Chandrima Mercantiles Fixes October 9 as Record Date for 1:2 Bonus Issue - October 8 Is the Last Day for Purchase

Ahmedabad, October 8, 2025: Under a board-approved resolution, Chandrima Mercantiles Ltd has set October 9, 2025, as the record date for its proposed 1:2 bonus share issue. Effective today, October 8, this marks the last trading day for investors to be eligible for the bonus allotment. The company also announced that the books will remain closed from October 8 to October 9, 2025. As per the bonus scheme, shareholders will receive one additional equity share for every two shares held.

Implications for Shareholders

A 1:2 bonus issue means that for every two shares held by a shareholder as of the record date, they will receive one additional share at no cost. While the total value of an investor’s holdings remains unchanged immediately after the issue, the number of shares owned increases, which may lead to a corresponding reduction in the share price and potentially improved liquidity. Investors purchasing shares on or before October 8 will be eligible for the bonus, whereas those buying on or after the ex-date, October 9, will not qualify for the allotment.

Market Response and Numbers

Following the bonus issue announcement, Chandrima Mercantiles’ stock has seen strong buying interest. As of 11:00 am IST, the shares were trading at ₹8.95, up 4.92%. In its latest Q1 FY26 update, the company reported a top line of ₹4.41 crore, down 29% from ₹6.25 crore in Q1 FY25, while net profit fell 34% to ₹0.42 crore from ₹0.64 crore. Over the longer term, the company has demonstrated solid earnings growth, with a three-year CAGR in net profits of 231.7%. The stock has delivered significant returns across various periods, including over 100% in one year, and recently traded around ₹7.75, with a closing band near ₹7.39, ahead of the bonus record date.

What Investors Should Watch

After the ex-date, Chandrima Mercantiles’ stock price is expected to be adjusted downward to reflect the expanded share base. The bonus issue is also likely to enhance liquidity, as the additional shares could attract higher trading volumes. However, valuation ratios may come under scrutiny, given the recent decline in quarterly profits. Market observers advise investors to monitor future corporate actions, such as stock splits, capital infusions, or new ventures, which could influence long-term shareholder value.

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