AVAX Apparels Allots 62.34 Lakh Bonus Shares in 3:1 Ratio, Increases Share Capital
AVAX Apparels And Ornaments Limited completed allotment of 62,34,948 bonus equity shares in 3:1 ratio on April 08, 2026, benefiting shareholders who held shares as on record date April 07, 2026. The bonus issue increased the company's paid-up share capital to ₹4,15,66,320 comprising 83,13,264 equity shares of ₹5 face value each. The company has duly informed BSE Limited about this corporate action under SEBI Listing Regulations.

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AVAX Apparels and Ornaments Limited has completed the allotment of bonus equity shares, marking a significant corporate action for the textile and apparel company. The Board of Directors approved and executed the bonus issue during their meeting held on April 08, 2026, with the allotment details formally communicated to BSE Limited.
Bonus Share Allotment Details
The company allotted 62,34,948 fully paid-up bonus equity shares with specific terms and conditions that benefit existing shareholders.
| Parameter: | Details |
|---|---|
| Bonus Shares Allotted: | 62,34,948 |
| Face Value per Share: | ₹5 |
| Bonus Ratio: | 3:1 |
| Record Date: | April 07, 2026 |
| Board Meeting Date: | April 08, 2026 |
Under the 3:1 bonus ratio, shareholders received 3 new fully paid-up bonus equity shares of ₹5 each for every 1 existing fully paid-up equity share of ₹5 held as on the record date of April 07, 2026.
Impact on Share Capital Structure
The bonus issue has substantially increased the company's equity base and modified its capital structure.
| Metric: | Post-Allotment Status |
|---|---|
| Total Paid-up Share Capital: | ₹4,15,66,320 |
| Total Number of Equity Shares: | 83,13,264 |
| Face Value per Share: | ₹5 |
The allotment represents a significant expansion in the company's equity base, with the paid-up share capital increasing to ₹4,15,66,320 divided into 83,13,264 equity shares.
Regulatory Compliance
AVAX Apparels has fulfilled its disclosure obligations under securities regulations. The company secretary Shruti Jain formally communicated the allotment details to BSE Limited on April 10, 2026, ensuring compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The bonus issue completion demonstrates the company's commitment to rewarding shareholders while maintaining regulatory compliance and transparency in corporate actions.
Historical Stock Returns for Avax Apparels and Ornaments
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.78% | +3.26% | +20.86% | +125.38% | +155.90% | +135.97% |
How will the increased share count affect AVAX Apparels' earnings per share and dividend distribution strategy going forward?
What underlying business performance or cash position enabled AVAX Apparels to execute such a generous 3:1 bonus ratio?
Will the expanded equity base be used to fund new expansion plans or acquisitions in the textile and apparel sector?


































