SBC Exports Board Declares Bonus Shares in 1:2 Ratio

The Board of Directors of SBC Exports Limited approved the allotment of 15,87,30,000 bonus equity shares. The bonus shares have a face value of Re. 1 each and are issued in a 1:2 ratio. This means that shareholders will receive one additional share for every two shares they already own.

Increase in Share Capital

After issuing these bonus shares, the company’s total paid-up equity share capital has increased to ₹47,61,90,000. This consists of a total of 47,61,90,000 shares, each with a face value of ₹1.  

Handling of Fractional Shares

Since shareholders might receive fractional entitlements (less than one full share), the company has consolidated these fractional shares and allotted them to Mrs Radha Kumari, an Independent Director. She has been appointed as a trustee and will sell these shares in the market. The money from the sale, after deducting necessary expenses, will be distributed among the shareholders who were entitled to fractional shares.  

About the Company 

SBC Exports Limited is an Indian company involved in garment manufacturing and trading, as well as manpower supply and tour operator services. It operates through three main segments: Garments, IT & Manpower Services and Travel & Tourism.

Share performance 

As of March 11, 2025, at 12:35 PM, the shares of SBC Exports Ltd are trading at ₹12.72 per share, reflecting a loss of 9.47% from the previous day’s closing price. Over the past month, the stock has registered a loss of 0.39%. The stock’s 52-week high stands at ₹25.27 per share, while its low is ₹11.04 per share.

Conclusion

The bonus share issue strengthens SBC Exports Limited’s market position while benefiting shareholders. The company continues to prioritise stakeholder value and sustainable growth.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.