Abate AS Industries Limited, a healthcare and eye care sector leader, has approved a 1:1 bonus share issue with a record date of July 31, 2025. The company reported robust Q1 financial results with revenue from operations at Rs. 140.87 crore and net profit at Rs. 11.01 crore. The company operates eye hospitals in multiple locations and plans to expand to 44 locations globally. The retail division, especially in Bahrain, has shown strong growth. Future plans include expanding the hospital network, launching a private healthcare university, and investing in medical technologies.
17Jun 25
Abate AS Industries Announces 1:1 Bonus Share Issuance
Abate AS Industries' board has approved a 1:1 bonus share issuance, doubling shareholders' holdings at no additional cost. This move will increase the number of shares for existing investors without diluting their ownership percentage. Shareholders should await further announcements regarding the record date, ex-bonus date, and credit date for the bonus shares.