eClerx Services Gains 2.63% After Company Fixes March 13 As Record Date For 1:1 Bonus Issue

Mumbai, March 13: Share price of eClerx Services Ltd rose 2.63% to ₹1,618.00 after the company confirmed March 13, 2026, as the record date for determining eligible shareholders for the allotment of bonus equity shares.

The update follows the company’s regulatory disclosure dated March 9, 2026, regarding the issuance of bonus shares approved through shareholder consent.

Company Announces Record Date For Bonus Share Allotment

According to the exchange filing, eClerx will issue bonus equity shares in the ratio of 1:1. This means shareholders will receive one new fully paid-up equity share of face value ₹10 for every one existing equity share of ₹10 held.

The proposal was earlier recommended by the Board and subsequently approved by shareholders through a postal ballot. The results of the postal ballot were announced on March 6, 2026.

In line with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has fixed Friday, March 13, 2026, as the record date to determine shareholder eligibility for the bonus issue.

As per the filing, the deemed date of allotment of bonus shares will be March 16, 2026. The new shares are expected to be available for trading from March 17, 2026.

Share Price Movement On March 13

As of the latest available exchange data on March 13, 2026, the stock was trading at ₹1,618.00, up ₹41.40 or 2.63% from the previous close of ₹1,576.60.

During the session, the stock opened at ₹1,576.60 and touched an intraday high of ₹1,618.00 and a low of ₹1,483.10. The company’s market capitalisation stood at approximately ₹15,217 crore.

The stock’s 52-week high and low were ₹2,492.98 and ₹1,058.00, respectively.

Company Background

eClerx Services provides business process outsourcing (BPO) and knowledge process outsourcing (KPO) services to global clients across sectors including financial services, retail, media and technology. The company focuses on data analytics, digital operations, automation and process management solutions.

The company is a constituent of the BSE 500 index and serves international enterprises through delivery centres in India and overseas.

Conclusion

With March 13 fixed as the record date, shareholders holding eClerx shares on that date will be eligible to receive one bonus share for every share held. The corporate action will increase the number of outstanding shares while leaving the company’s underlying equity base unchanged.

Source: https://www.bseindia.com/xml-data/corpfiling/AttachHis/d6add91e-a2d9-4e3e-8f4b-d661997e3753.pdf