A-1 Ltd has confirmed key dates for its corporate actions following shareholder approval through postal ballot. The chemical trading and electric vehicle company has set December 31 as the record date for its 3:1 bonus issue and January 8 for its 10:1 stock split, with shares responding positively to the developments.

Corporate Actions Approved

The company received postal ballot approval through e-voting on December 22 for multiple corporate actions. The approved measures include the bonus issue, stock split, increase in authorized share capital, and investment in EV company A-1 Sureja Industries.

Bonus Share Distribution

Under the 3:1 bonus ratio, shareholders will receive three new fully paid-up equity shares for every existing share held. This represents A-1 Ltd's second bonus issue, with the previous distribution announced in August 2021 at a ratio of 3:20.

Stock Split Details

The company has approved subdivision of one equity share of ₹10 face value into 10 equity shares of ₹1 face value each. The January 8 record date will determine shareholder eligibility for this 10:1 stock split.

Market Response and Investment Plans

Shares of A-1 Ltd were up 5% at ₹1,841, reflecting positive investor sentiment following the corporate action approvals. The company has also received approval to make investments in A-1 Sureja Industries, expanding its presence in the electric vehicle sector.

Key Dates for Investors

Investors must hold shares in their demat accounts as of the respective record dates to be eligible for these corporate actions. Under India's T+1 settlement cycle, shares must be purchased at least one trading day before the record date to qualify for the benefits.

Magnanimous Trade & Finance Limited has successfully completed the allotment of bonus equity shares following the approval received at its Extra-Ordinary General Meeting (EGM) held on December 15, 2025. The Board of Directors, in their meeting held on January 5, 2026, formally approved the allotment of 2,18,83,764 fully paid-up bonus equity shares at a ratio of 23:1, with the record date set as January 2, 2026.

Board Meeting Outcome and Allotment Details

The Board meeting, chaired by Managing Director Mr. Kurjibhai Rupareliya, commenced at 8:30 AM and concluded at 8:50 AM on January 5, 2026. The directors approved the allotment of bonus shares in accordance with the shareholders' mandate received during the EGM proceedings.

Capital Structure Transformation

The bonus issue has resulted in a significant expansion of the company's paid-up equity share capital. The transformation reflects the company's commitment to enhancing shareholder value through strategic capital restructuring.

EGM Resolutions and Shareholder Approval

The EGM held on December 15, 2025, had addressed two critical resolutions that were initially approved by the Board of Directors on November 20, 2025. Shareholders participated through both e-voting and ballot voting mechanisms, with the voting process managed by Central Depository Services Limited (CDSL).

For the authorized capital increase resolution, 6,95,267 votes representing 79.96% of total valid votes were cast in favor. The e-voting period was conducted from December 12-14, 2025, with CS Krina Gokulkumar Shah serving as the appointed scrutinizer.

Share Crediting and Rights

The newly allotted bonus equity shares will rank pari-passu in all respects with the existing equity shares of the company. These shares carry the same rights as existing shares, including dividends and other corporate benefits declared by the company after the allotment date. The bonus shares will be credited to the respective beneficiary accounts of eligible shareholders in due course.

Regulatory Compliance

The company has fulfilled all regulatory requirements under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The scrutinizer's report was submitted to BSE Limited on December 16, 2025, and the board meeting outcome has been communicated to the exchange as per prescribed timelines.