Synopsis: Chandrima Mercantiles Limited sets Thursday, October 9, 2025, as the record date for the 1:2 bonus share issue.
This Penny Stock Under Rs. 10, engaged in the trading of agricultural products, textiles, and bullion, with a recent focus on agri-commodity trading as its primary business segment, hit a 5 percent upper circuit after the company’s board set a record date for a 4:1 bonus issue.
With a market capitalization of Rs. 180.58 crores, the shares of Chandrima Mercantiles Limited hit a 5 percent upper circuit of Rs. 8.13 per share on Monday, up from its previous closing price of Rs. 7.75 per share.
What is the News?
Chandrima Mercantiles Limited’s Board of Directors has fixed Thursday, October 9, 2025, as the Record Date for determining the eligibility of shareholders for the allotment of Bonus Equity Shares. The allotment will be on Friday, October 10, 2025, for the purpose of Bonus Shares of the Company.
The board has decided to issue bonus shares at a ratio of 1:2, meaning that shareholders will receive one new fully paid-up equity share of Re. 1 each for every two existing fully paid-up equity shares they hold.
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Company Overview
Chandrima Mercantiles Limited is a public limited company incorporated on December 27, 1982. The company is primarily engaged in trading agricultural products, with past involvement in textiles, gold, silver, jewellery, and building materials.
The company operates in the trading sector, currently focusing on agricultural products. It previously dealt with building materials, yarn, jute, and jewellery, and has also traded in textiles, bullion, and ornaments. The business is structured around a single trading segment. The registered office is located in Ahmedabad, Gujarat.
Recent quarter results
Coming into financial highlights, Chandrima Mercantiles Limited’s revenue has decreased from Rs. 6.25 crore in Q1 FY25 to Rs. 4.41 crore in Q1 FY26, which is a drop of 29.44 percent. The net profit has also decreased by 34.38 percent from Rs. 0.64 crore in Q1 FY25 to Rs. 0.42 crore in Q1 FY26.
Chandrima Mercantiles Limited’s revenue and net profit have grown at a CAGR of 13.79 percent and 231.71 percent, respectively, over the last three years. In terms of return ratios, the company’s ROCE and ROE stand at 0.90 percent and 0.98 percent, respectively. Chandrima Mercantiles Limited has an earnings per share (EPS) of Rs. 0.02, and its debt-to-equity ratio is 0.03x.
Written By – Nikhil Naik
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