Bonus Issue Update : AVAX APPARELS AND ORNAMENTS LIMITED

Company: AVAX APPARELS AND ORNAMENTS LIMITED
Scrip Code: 544337
Segment: Equity

Bonus Issue Details
AVAX APPARELS AND ORNAMENTS LIMITED has announced a Bonus Issue of Equity Shares as part of its corporate action. The company has fixed the Record Date to determine shareholder eligibility for the bonus issue.

The equity shares of the company will trade on an Ex-Bonus basis from the date mentioned below.

Details of Corporate Action
Company Name: AVAX APPARELS AND ORNAMENTS LIMITED
Record Date: 07/04/2026
Purpose: Bonus Issue in the ratio of 3:1
Ex-Bonus Date: 07/04/2026

*As per exchange notice, trading will be on an ex-bonus basis from the record date.

Impact on Shareholding
Shareholders holding equity shares of AVAX APPARELS AND ORNAMENTS LIMITED as on the Record Date  07/04/2026 will be eligible to receive bonus shares in the announced ratio.

This means eligible investors will receive (3 new shares for every 1 share held).

While the number of shares held by investors will increase, the overall investment value generally remains proportionately unchanged, subject to market price adjustment after the bonus issue.

Allotment Information
- Trading in the equity shares will be on an Ex-Bonus basis from 07/04/2026
- The issuance of bonus shares will increase the company’s total outstanding share capital

Note
A bonus issue is a corporate action in which a company distributes additional shares to its existing shareholders free of cost by capitalizing its reserves.

Post the bonus issue, the share price typically adjusts downward to reflect the increased number of shares, without impacting the company’s fundamentals.

Conclusion
The bonus issue by AVAX APPARELS AND ORNAMENTS LIMITED reflects the company’s intent to reward shareholders and enhance stock liquidity.

With a 3:1 bonus ratio, the move may improve affordability, increase trading activity, and attract broader investor participation.