Silver Touch Technologies Fixes Record Date For Stock Split and 1:1 Bonus Issue; Shares Rise 4.98%

Silver Touch Technologies Ltd has fixed Friday, March 6, 2026 as the record date for its equity share sub-division and 1:1 bonus issue. The corporate action drew visible market attention on the record date itself, with the stock trading at ₹141.30, up ₹6.70 or 4.98% as of 11:44 IST on March 6, 2026, according to exchange price data.

Record Date Set For Split And Bonus Issue

The company notified both the National Stock Exchange of India and BSE through a regulatory communication issued under Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015on February 19, 2026.

Two equity restructuring actions are scheduled:

1. Equity Share Sub-Division (Stock Split)
2. Existing face value: ₹10 per equity share
3. New structure: Five equity shares of face value ₹2 each
4. Ratio: 1:5

This mechanical subdivision increases the number of outstanding shares while reducing the nominal value per share. The economic value of each investor’s holding remains unchanged at the moment of adjustment.

1. Bonus Share Issue
2. Ratio: 1:1
3. Structure: One bonus equity share of ₹2 for every one equity share of ₹2 held after the split.

In effect, shareholders appearing on the register as of March 6, 2026 will first see their holdings split five-for-one, after which the company will allot an additional share for each post-split share held.

Such sequencing is typical in Indian corporate actions when companies seek to increase liquidity first through a split and subsequently capitalise reserves through bonus issuance.

The intimation was signed by Kashish Purohit, Company Secretary and Compliance Officer, and circulated to both exchanges.

Share Price Reaction On Record Date

Trading activity strengthened as the record date arrived.

As of 11:44 IST on March 6, 2026, the shares were quoted at:

• Price: ₹141.30
• Change: +₹6.70
• Gain:+4.98%

The session range so far shows:

• Day’s High: ₹141.30
• Day’s Low: ₹137.90
• Previous Close: ₹134.60

Movements suggest positioning around the corporate action timeline, a pattern often observed when retail participation increases ahead of share splits and bonus distributions.

Market capitalisation at the time of the reading stood near ₹179.37 crore, with a price-to-earnings ratio of 5.65, according to publicly available market data.

Company Background

Silver Touch Technologies Ltd is an India-based information technology solutions provider with operations spanning software development, digital transformation services, government technology projects and enterprise IT integration.

The company operates from Ahmedabad, Gujarat, and has executed projects across e-governance platforms, enterprise applications and infrastructure services.

Corporate actions such as stock splits and bonus issues are typically undertaken to broaden shareholder participation, improve trading liquidity and recalibrate the nominal share structure without altering underlying capital reserves beyond the bonus capitalisation.

Under Indian securities regulation, the record date determines which shareholders are eligible to receive benefits associated with such corporate actions. Investors must hold the shares before the ex-date determined by the exchanges for settlement eligibility.

Conclusion

The fixing of March 6, 2026 as the record date formally sets the eligibility window for Silver Touch Technologies’ 1:5 stock split followed by a 1:1 bonus issue. Market reaction on the day showed modest buying interest, with the shares rising 4.98% as of 11:44 IST.

Execution of the split and bonus allotment will follow the standard settlement cycle and depository credit procedures prescribed by Indian exchanges and clearing corporations.

Source: https://www.bseindia.com/xml-data/corpfiling/AttachHis/e6010faa-955e-4992-b4b4-28d36e8782a1.pdf