Navkar Urbanstructure Ltd., a prominent player in India’s construction sector, has announced its first-ever bonus issue and a 1:1 stock split, aimed at improving liquidity and enhancing shareholder value.
Navkar Urbanstructure Ltd., a well-established company in the construction sector, has unveiled two significant corporate moves — its first-ever bonus issue and a stock split. These actions, effective May 9, 2025, are expected to increase liquidity and broaden the company’s investor base.
Navkar Urbanstructure Stock Split Details
In a move aimed at making the company’s shares more accessible to retail investors, Navkar Urbanstructure’s board approved a stock split in March 2025. The company will split each equity share with a face value of ₹2 into two shares with a face value of ₹1 each. The record date for the stock split is confirmed as May 9, 2025. This strategic decision is expected to encourage wider participation from investors and make the shares more affordable.
Bonus Issue Announcement
Along with the stock split, Navkar Urbanstructure also announced its first bonus issue. The company has received in-principle approval from the Bombay Stock Exchange (BSE) on April 21, 2025, for issuing 33,66,28,500 bonus equity shares. Shareholders will receive three bonus shares for every two shares they hold as of the record date, further enhancing the value for existing shareholders and increasing the number of shares in circulation.
Implications for Investors
These moves highlight Navkar Urbanstructure’s strong financial position and its strategy to increase shareholder value. The stock split will make the shares more accessible, especially to small investors, while the bonus issue serves as a reward to existing shareholders. Investors who hold shares as of the May 9, 2025 record date will be eligible for both the stock split and the bonus issue, marking an exciting opportunity for participation.
Navkar Urbanstructure Ltd.’s strategic actions reflect its commitment to long-term growth and shareholder satisfaction, signaling confidence in the company’s future prospects.
