Paushak Limited announced the results of its recent postal ballot, revealing strong shareholder support for three significant corporate actions. The voting, which concluded on September 18, saw an impressive turnout with 68.62% of the company's total outstanding shares participating in the process.

Key Resolutions Passed

1. Sub-division of Equity Shares: This resolution aims to increase the liquidity of the company's shares in the stock market.
2. Reclassification of Authorized Share Capital: Along with this, shareholders approved the consequent alteration of the Memorandum of Association.
3. Issuance of Bonus Shares: This move is likely to reward existing shareholders and potentially improve stock liquidity.

Voting Results

The voting results demonstrated overwhelming support for all three resolutions:

Shareholder Participation

Out of Paushak's 30,82,114 total outstanding shares, 21,14,898 votes were polled, representing a significant 68.62% participation rate. The promoter and promoter group, holding 20,69,134 shares, voted 100% in favor of all resolutions.

Voting Process

The postal ballot was conducted through a remote e-voting facility provided by the National Securities Depository Limited (NSDL). The voting period extended over 30 days, from August 20 to September 18, ensuring ample time for shareholders to cast their votes.

Management Commentary

While specific management comments were not provided, the overwhelming approval of these resolutions suggests strong shareholder confidence in the company's strategic decisions. These corporate actions are likely aimed at enhancing shareholder value and improving the stock's market dynamics.

Next Steps

With the resolutions now approved, Paushak Limited is expected to proceed with implementing these corporate actions. Shareholders and potential investors should stay tuned for further announcements regarding the specifics of the share sub-division ratio, the timeline for the bonus share issuance, and any other relevant details that may impact their holdings or investment decisions.

The strong support from both promoter and public shareholders for these resolutions indicates a positive outlook for Paushak Limited's future corporate strategies and potential growth plans.

Paushak Limited has announced significant corporate actions that are set to benefit its shareholders. The company has fixed October 3, 2025, as the record date for both a stock split and a bonus issue, as per an intimation to the BSE Limited under SEBI Listing Regulations.

Stock Split Details

Paushak Limited will subdivide each existing equity share with a face value of ₹10.00 into two shares with a face value of ₹5.00 each. This 1:2 stock split is aimed at enhancing the liquidity of the company's shares in the market and making them more accessible to a broader range of investors.

Bonus Issue Information

In addition to the stock split, the company has declared a bonus issue in the ratio of 3:1. This means shareholders will receive three bonus equity shares of ₹5.00 each for every one existing share of ₹5.00 held after the stock split.

Key Points for Shareholders

• Record Date: Friday, October 3, 2025
• Stock Split Ratio: 1:2 (One share of ₹10.00 face value split into two shares of ₹5.00 face value)
• Bonus Issue Ratio: 3:1 (Three bonus shares for every one share held)

Impact on Shareholding

To illustrate the impact, if a shareholder owns 100 shares before these corporate actions:

1. After the stock split, they will have 200 shares (100 x 2)
2. After the bonus issue, they will receive an additional 600 shares (200 x 3)
3. The total shareholding will become 800 shares (200 + 600)

This move by Paushak Limited is likely to be viewed positively by investors, as it effectively increases their shareholding without any additional cost. The stock split and bonus issue are often seen as shareholder-friendly moves that can potentially improve stock liquidity and make shares more affordable for retail investors.

Shareholders and potential investors should note that while the number of shares will increase, the proportional ownership in the company remains unchanged. The market typically adjusts the stock price to reflect these corporate actions.

Paushak Limited, with its Corporate Identification Number (CIN) L51909GJ1972PLC044638, has its registered office in Vadodara, Gujarat. The company has made this announcement in compliance with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Investors are advised to keep an eye on further announcements from the company and to consult with their financial advisors regarding any investment decisions related to these corporate actions.