Aastha Spintex Shares Hit Upper Circuit Following Bonus Share Announcement

Shares of Aastha Spintex jumped nearly 9.9 percent to hit the upper circuit during Tuesday trading after the company set a record date for its bonus issue. The board of directors approved a bonus ratio of one is to one. This means eligible investors will receive one new share for every one share they already own. The company fixed Monday, September 28, as the record date to check who is eligible for the payout. Investors must hold the stock before this date to get the bonus shares. The corporate action will lead to the creation of up to 44,142,190 new equity shares, each having a face value of 10 rupees. The firm stated in a BSE filing that these bonus shares will rank equally in all ways with the existing shares. Along with the record date, the company shared a timeline for the process. Tuesday, September 29, is set as the allotment date, and the new shares will start trading from September 30, 2026. The stock was trading 9.96 percent higher at 81.73 rupees per share on the BSE at 12:22 pm on Tuesday, with a total market value of 360.77 crore rupees. During the session, the stock touched a high of 81.76 rupees and a low of 74.51 rupees. Over the past month, the share price has grown by about 11.8 percent, and it has risen around 6.86 percent in the past week. The stock's 52-week high stands at 140.25 rupees, reached on July 22, 2025, while its 52-week low is 70.05 rupees.