Silver Touch Technologies shares gained as much as 4.1% on Friday following the company's announcement of significant corporate actions. The stock has delivered remarkable returns, rising 80% in the last 14 trading sessions and 140% over the past 12 months, with shares trading at ₹1,591.

Stock Performance and Market Capitalization

The company's market capitalization has crossed ₹2,000 crores during this impressive rally. Silver Touch Technologies also secured a mandate from the Indian armed forces during this period, contributing to investor confidence.

Share Subdivision Details

The board approved a 1:5 share subdivision on January 16, transforming each existing equity share with a face value of ₹10.00 into five equity shares with a face value of ₹2.00 each. This subdivision aims to enhance liquidity and enable higher participation from public shareholders.

Bonus Issue Implementation

The board approved a 1:1 bonus issue, meaning shareholders will receive one additional equity share of ₹2.00 face value for every existing share held. This marks the first instance of the company announcing both a bonus issue and stock split for its shareholders.

Capital Structure Enhancement

Following the share subdivision, the company plans to increase its authorized share capital from ₹16.00 crores to ₹46.00 crores through the creation of additional 15,00,00,000 equity shares of ₹2.00 each.

Implementation Timeline

The company expects to complete these corporate actions by March 15, subject to receiving necessary approvals from shareholders and statutory authorities. The record date for both the bonus issue and stock split will be disclosed later. The board has appointed M/s. Sandip Sheth & Associates as scrutinizer for conducting the postal ballot and e-voting process.

Silver Touch Technologies Limited's Board of Directors approved a comprehensive corporate restructuring plan during their meeting held on January 16, 2026. The board recommended several significant measures including share subdivision, capital increase, and bonus share issuance, all subject to shareholder approval through postal ballot.

Share Subdivision and Capital Restructuring

The board approved the subdivision of equity shares from face value of ₹10.00 each to ₹2.00 each. Under this proposal, one existing equity share of ₹10.00 face value will be subdivided into five equity shares of ₹2.00 face value each, fully paid-up.

The rationale behind this subdivision is to enhance liquidity of the company's equity shares and enable higher participation from public shareholders. The company expects to complete this corporate action on or before March 15, 2026, subject to necessary approvals.

Authorized Share Capital Enhancement

Following the share subdivision, the board approved increasing the authorized share capital from ₹16.00 crores to ₹46.00 crores. This increase involves creating additional equity shares aggregating to ₹30.00 crores, comprising 15,00,00,000 equity shares of ₹2.00 each. The enhanced authorized capital will provide the company with greater flexibility for future growth initiatives.

Bonus Share Issuance

The board recommended issuing bonus equity shares in a 1:1 ratio, meaning shareholders will receive one bonus share of ₹2.00 face value for every existing share held as on the record date. The bonus shares will be issued from the company's free reserves available as of March 31, 2025.

Post-bonus issue, the paid-up capital will increase from 6,34,05,000 shares to 12,68,10,000 shares, while the authorized capital will remain at 15,00,00,000 shares of ₹2.00 each.

Approval Process and Timeline

All proposed measures require shareholder approval through postal ballot. The board approved the postal ballot notice and appointed M/s. Sandip Sheth & Associates, Practicing Company Secretaries, as scrutinizer to conduct the postal ballot and e-voting process in a fair and transparent manner.

The board meeting commenced at 1:00 PM IST and concluded at 2:15 PM IST on January 16, 2026. The outcome has been disclosed in compliance with SEBI Listing Regulations and is available on the company's website at www.silvertouch.com .

These corporate actions demonstrate Silver Touch Technologies' commitment to improving share liquidity and rewarding shareholders while positioning the company for future growth opportunities.