Narmada Macplast Drip Irrigation Systems Ltd — Dividend/Bonus, 28-07-2025: Corp. Action

Narmada Macplast has announced a board meeting where key decisions for shareholders were approved, pending their nod. The company plans a 1:1 bonus share issue, meaning one free share for every share held. Following this, a stock split is proposed, converting each existing Rs. 10 face value share into five Rs. 2 face value shares. These moves are likely to increase the total number of shares significantly, aiming to enhance liquidity and make shares more accessible for retail investors. The authorized share capital will also increase from Rs. 5 Cr to Rs. 10 Cr. Additionally, the company is updating its foundational documents.