SYNOPSIS:
Julien Agro Infratech Ltd has announced a 1:1 bonus issue, granting one bonus share for every fully paid-up share held.
The shares of Penny stock company, specializing in both civil construction and agricultural sectors, jumped by upto 5 percent following the Board approval to issue a 1:1 Bonus share issue.
With a market capitalization of Rs. 34.63 crores on Monday, the shares of Julien Agro Infratech Ltd rose by 5.04 percent, making a high of Rs. 8.75 per share compared to its previous closing price of Rs. 8.33 per share.
Julien Agro Infratech Ltd, engaged in marketing and construction/civil work, provides various services, has announced a bonus issue of equity shares in the ratio of 1:1, meaning shareholders will receive one bonus share for every one fully paid-up equity share held as of the record date.
The bonus shares will be of face value ₹5 each and will be issued by capitalizing a sum not exceeding ₹29.78 crore from the company’s Securities Premium and Free Reserves, based on the unaudited financials as of August 18, 2025.
To facilitate the bonus issue, the Board of Directors also approved an amendment to the Capital Clause of the Memorandum of Association, increasing the authorized share capital from ₹30 crore (6 crore shares of ₹5 each) to ₹60 crore (12 crore shares of ₹5 each). Post bonus, the paid-up share capital will double from approximately ₹29.79 crore (5.96 crore shares) to ₹59.58 crore (11.92 crore shares).
The issue is subject to shareholder approval at the upcoming 28th Annual General Meeting (AGM) scheduled for September 20, 2025. The company has also appointed a scrutinizer and finalized the e-voting schedule, with the cut-off date for e-voting being September 13, 2025.
Financials & Others
The company’s revenue declined by 46.4 percent from Rs. 51.35 crore in Q4FY24-25 to Rs. 27.51 crore in Q1FY25-26. Meanwhile, Net loss from Rs. 3.74 crore turned to a profit of Rs. 2.07 crore during the same period.
Julien Agro Infratech Ltd is a Kolkata-based company with a diversified business portfolio spanning civil construction, infrastructure, and agro-product trading. Originally incorporated as Silverpoint Marketing Private Limited on March 18, 1997. In 2008, the company shifted its focus to construction and civil works, subsequently changing its name to Silverpoint Infratech Limited.
Over the years, Julien Agro Infratech demonstrated steady growth in turnover and profit, reflecting its successful expansion in the construction sector. The company primarily undertakes land and site development, including land filling, clearing, and leveling, alongside civil construction projects such as commercial, residential, and industrial structures. Today, the company continues to actively pursue opportunities in both construction and agriculture, aiming for sustainable growth and enhanced shareholder value.
Written by Sridhar J
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