Textile stock jumps up to 15% after announcing 1:1 bonus issueTextile stock jumps up to 15% after announcing 1:1 bonus issue

Introduction:

Textile stock has secured BSE approval for issuing 39,00,300 bonus equity shares in a 1:1 ratio, granting one new share per existing share. The record date is March 26, 2025, ensuring shareholder eligibility, with trading set to begin on March 28, 2025.

Share Price movement of Dhanalaxmi Roto Spinners: 

On March 12, 2025, Dhanalaxmi Roto Spinners Ltd opened at ₹205.40, reaching a high of ₹236.45, up 15.51% from its previous close of ₹204.70, with a low of ₹200.10. The stock is currently trading at ₹209.00, with a market cap of ₹81.51 crore.

Dhanalaxmi Roto Spinners announced 1:1 bonus issue:

Dhanalaxmi Roto Spinners Limited has received BSE approval for issuing 39,00,300 bonus equity shares in a 1:1 ratio, granting one new share for every existing share. The company has set March 26, 2025, as the record date to determine eligible shareholders for the bonus allotment.  

The deemed allotment date is March 27, 2025, with each bonus share valued at ₹40. The company will submit necessary documents to the depository by 12:00 p.m. to ensure timely credit of shares. This issuance aligns with SEBI regulations, ensuring seamless execution and compliance.  

Dhanalaxmi Roto Spinners Limited will make the bonus shares available for trading on March 28, 2025, a day after the deemed allotment. The company guarantees adherence to SEBI guidelines, facilitating smooth transactions while enhancing shareholder value through the bonus issuance process.

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Recent news About Dhanalaxmi Roto Spinners:

​Dhanalaxmi Roto Spinners Ltd. reported a net sales increase of 39.04% in the quarter ending December 2024, reaching ₹68.88 crore, up from ₹49.54 crore in the same period the previous year. ​

Ace investor holding of Dhanalaxmi Roto Spinners:

Anita Arora holds 43,888 shares of Dhanalaxmi Roto Spinners Ltd., representing a 1.13% stake, with a holding value of ₹91.7 lakh at a share price of ₹209.00. Her stake has remained unchanged from the previous quarter, reflecting continued confidence in the company’s growth potential.  

Keshav Garg owns 40,179 shares in Dhanalaxmi Roto Spinners Ltd., holding a 1.03% stake valued at ₹84.0 lakh at a share price of ₹209.00. His holdings have also remained stable, suggesting a long-term investment approach in the textile sector stock.

Stock performance of Dhanalaxmi Roto Spinners for Period of 1 week, 6 months and 1 year:

Dhanalaxmi Roto Spinners’ stock rose 4.79% over the past week, reflecting short-term positive momentum. Over six months, the stock showed a modest gain of 0.94%, indicating stability. The one-year performance remained strong, delivering a 21.3% return, highlighting consistent long-term growth and investor confidence.

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Shareholding pattern of Dhanalaxmi Roto Spinners:

Summary	Dec-24	Sep-24	Jun-24
Promoter	47.60%	47.60%	47.60%
FII	0%	0%	0%
DII	0.00%	0.00%	0.00%
Public	52.40%	52.40%	52.40%

About Dhanalaxmi Roto Spinners:

Dhanalaxmi Roto Spinners Ltd. is a textile company specializing in cotton and yarn processing. It focuses on quality textile production and serves both domestic and international markets. With steady growth and investor interest, the company continues to expand its presence in the textile industry.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.