Synopsis: Divine Hira Jewellers revised its bonus issue record date to July 2, 2026, while retaining the 2:1 bonus share issue and all other details unchanged.
This micro-cap jewellery stock engaged in designing, manufacturing, and trading gold jewellery, diamond jewellery, silver articles, and other precious metal jewellery products across India, jumped 2.35 percent after the company revised the record date for a 2:1 Bonus Issue.
With a market capitalization of Rs. 423.90 crores, the share of Divine Hira Jewellers Limited has reached an intraday high of Rs. 327 per equity share, rising nearly 2.35 percent from its previous day’s close price of Rs. 319.50. Since then, the stock has retreated and is currently trading at Rs. 324.90 per equity share.
Reason Behind the Surge
Divine Hira Jewellers Limited has revised the Record Date and Deemed Date of Allotment for its bonus share issue due to an inadvertent error in its earlier stock exchange filing. The company has now fixed 2 July 2026 as the Record Date to determine the shareholders who will be eligible to receive the bonus equity shares.
The company also announced that the Deemed Date of Allotment for the bonus shares will be 3 July 2026, in line with the applicable SEBI circular. Divine Hira Jewellers clarified that only the dates have been corrected, while all other details mentioned in the earlier announcement remain unchanged. The company has requested the stock exchange to take the revised information on record.
The board has decided to issue bonus shares at a ratio of 2:1, meaning that shareholders will receive two new fully paid-up equity shares of Rs. 10 each for every one existing fully paid-up equity share they hold.
For example, if a shareholder owns 10,000 shares of Divine Hira Jewellers Limited, they will receive 20,000 bonus shares under the 2:1 bonus issue, bringing their total holding to 30,000 shares after the bonus issue.
Company Overview
Divine Hira Jewellers Limited was established in July 2022 and is headquartered in Mumbai, Maharashtra. It is an Indian jewellery manufacturer, designer, and wholesaler focused primarily on 22-karat gold jewellery. The company serves wholesalers, jewellery showrooms, and retailers rather than selling directly to consumers.
Divine Hira Jewellers designs, manufactures, and sells a wide range of gold jewellery through wholesale channels. Its product portfolio includes necklaces, mangalsutras, chains, rings, pendants, bracelets, bangles, wedding jewellery, and gold coins. The company also deals in silver articles and bullion. It offers both handcrafted and machine-made jewellery, with designs tailored to suit the preferences of customers in different regions across India.
Recent Quarter Results
Coming into financial highlights, Divine Hira Jewellers Limited’s revenue has increased from Rs. 223 crore in Q4 FY25 to Rs. 383 crore in Q4 FY26, which has grown by 71.75 percent. The net profit has also grown by 33.33 percent from Rs. 3 crore in Q4 FY25 to Rs. 4 crore in Q4 FY26. Divine Hira Jewellers Limited’s revenue and net profit have grown at a CAGR of 92 percent and 110 percent, respectively, over the last three years.
In terms of return ratios, the company’s ROCE and ROE stand at 16.1 percent and 15.2 percent, respectively. Divine Hira Jewellers Limited has an earnings per share (EPS) of Rs. 5.46, and its debt-to-equity ratio is 0.46x.
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