Synopsis: Bharat Rasayan Limited’s Board has approved a 1:2 stock split and a 1:1 bonus issue to enhance liquidity and make shares more affordable. Post these actions, the company’s paid-up capital will rise to Rs. 8.31 crore from Rs. 4.15 crore.
This company is engaged in manufacturing Technical Grade Pesticides and Intermediates used in the agro-chemical industry is now in focus after its board approved stock split and recommended bonus issue.
With market capitalization of Rs. 4,579 cr, the shares of Bharat Rasayan Limited are currently trading at Rs. 11,009 per share, dropping 9% in today’s market session making a low of Rs. 10,722, from its previous close of Rs. 11,768 per share.
Stock split and Bonus issue
The Board approved a stock split of 1:2 of its existing 41,55,268 equity shares with a face value of Rs. 10 each into 83,10,536 equity shares of Rs. 5 each, effectively doubling the number of outstanding shares while keeping the paid-up capital unchanged at Rs. 4.15 crore. The objective behind the split is to make the company’s shares more affordable for small investors, increase market liquidity, and widen the shareholder base.
In addition, the Board has recommended a 1:1 bonus issue, meaning shareholders will receive one new equity share of Rs. 5 for every one existing equity share of Rs. 5 they hold. The bonus shares will be issued by capitalizing Rs. 4.15 crore from the company’s free reserves and capital redemption reserve. Post the bonus issue, the company’s total paid-up share capital will increase to Rs. 8.31 crore, divided into 1,66,21,072 equity shares of Rs. 5 each.
The issuance and stock split are subject to shareholder approval, with completion expected within two months, i.e., on or before December 23, 2025. The company also constituted a Bonus Issue Committee to handle matters related to the bonus issuance and approved the draft notice for convening an Extraordinary General Meeting (EGM) for shareholder consent.
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About the company
Bharat Rasayan Limited is a leading Indian agro chemical company engaged in the manufacturing of technical-grade pesticides, intermediates, and formulations. Established in 1989 and headquartered in New Delhi, the company serves both domestic and international markets, supplying to major global agro chemical firms. Known for its strong R&D capabilities and backward integration, Bharat Rasayan focuses on sustainable crop protection solutions and has a solid track record of profitability and growth.
Sales of the company increased from Rs. 307 cr in Q4FY25 to Rs. 377 cr in Q1FY26. Operating profit rose to Rs. 73 cr from Rs. 40 cr. Net profit increased from Rs. 28 cr to Rs. 44 cr over the same period.
Written by Manideep Appana
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