NewsCorporate ActionsRegis Industries Announces 1:2 Bonus Share Issue and Reports Strong Q1 ProfitRegis Industries Announces 1:2 Bonus Share Issue and Reports Strong Q1 Profit
Regis Industries Limited has approved a 1:2 bonus share issuance, subject to shareholder approval. The company plans to issue approximately 8.6 crore new equity shares, increasing its paid-up equity capital from Rs. 17.21 crore to Rs. 25.81 crore. The board also approved an increase in authorized share capital from Rs. 20.00 crore to Rs. 26.00 crore. In its Q1 financial results, Regis Industries reported a significant turnaround, with a net profit of Rs. 153.19 lacs compared to a loss of Rs. 33.31 lacs in the same quarter last year, despite a 52.85% decrease in revenue.
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Regis Industries Limited, a Kolkata-based company, has made significant announcements that are likely to benefit its shareholders. The company's board has approved a bonus share issuance and reported a turnaround in its quarterly financial results.
Bonus Share Issuance
The board of Regis Industries Limited has approved the issuance of bonus shares in a 1:2 ratio, subject to shareholder approval through postal ballot. This means shareholders will receive one new share for every two shares they currently hold. The company plans to issue approximately 8.6 crore new equity shares of Rs. 1 each, which will be funded from the securities premium reserves.
Increase in Authorized Share Capital
In conjunction with the bonus issue, the board has also approved an increase in the company's authorized share capital from Rs. 20.00 crore to Rs. 26.00 crore. This change, along with corresponding alterations to the Memorandum of Association, will also require shareholder approval.
Impact on Share Capital
Post the bonus issue, Regis Industries' paid-up equity capital is expected to increase from Rs. 17.21 crore to Rs. 25.81 crore. The bonus shares, once allotted, will rank pari-passu with the existing equity shares and will be entitled to participate in future dividends and corporate actions.
Q1 Financial Performance
Regis Industries has reported a significant turnaround in its financial performance for the quarter ended June 30:
| Particulars (in Rs. lacs) | Q1 2025-26 | Q1 2024-25 | Change |
|---|---|---|---|
| Revenue from Operations | 299.65 | 635.55 | -52.85% |
| Net Profit/(Loss) | 153.19 | -33.31 | 559.89% |
Despite a 52.85% year-on-year decrease in revenue from operations, the company managed to turn a loss of Rs. 33.31 lacs in the same quarter last year into a profit of Rs. 153.19 lacs this quarter. This represents a remarkable 559.89% improvement in the bottom line.
Timeline for Bonus Shares
The company expects to credit the bonus shares to shareholders within two months from the date of board approval. The record date for determining eligible shareholders will be announced in due course.
These developments signal positive momentum for Regis Industries Limited, potentially enhancing shareholder value through the bonus issue and demonstrating improved profitability in its recent quarterly results.
Historical Stock Returns for Regis Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.21% | -1.67% | -26.02% | -29.50% | -55.15% | +422.22% |
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