Business · 20 Jul 2026

Aastha Spintex board to weigh 1:1 bonus issue and Rs 10 dividend

Aastha Spintex board to weigh 1:1 bonus issue and Rs 10 dividend

The Gujarat cotton yarn maker told exchanges its directors will meet on 23 July to consider issuing one bonus share for every share held, funded by capitalising free reserves rather than new money, plus a final FY26 dividend of up to Rs 10 per share. Listed on 6 July at Rs 136, the stock currently trades below its issue price.

Source: Livemint

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