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

Narmada Macplast Drip Irrigation Systems' Board has approved a 1:1 bonus share issue and a stock split from Rs. 10 to Rs. 2 face value per share. This effectively means each existing share will become ten shares (two from bonus, then each of those splits into five). The company's authorized share capital will also increase from Rs. 5 Cr to Rs. 10 Cr. These actions, pending shareholder approval, aim to enhance liquidity and make shares more affordable for retail investors, using Rs. 4.10 Cr from free reserves for the bonus issue.