Agrochemical company Bharat Rasayan Ltd on Friday (October 24) announced that its board of directors has approved a stock split and a 1:1 bonus issue of equity shares, subject to shareholder approval.

The company will subdivide its existing 41.55 lakh equity shares of ₹10 each into 83.10 lakh equity shares of ₹5 each, fully paid-up. The rationale for the split is to enhance share liquidity, widen the shareholder base, and make shares more affordable for small investors.

Following the split, the authorised share capital will remain unchanged at ₹20 crore, now comprising 4 crore equity shares of ₹5 each. The issued, paid-up, and subscribed capital will continue to total ₹4.16 crore, represented by 83.10 lakh shares of ₹5 each. The completion of the sub-division is expected within two mon

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