1:1 bonus issue approved; authorised share capital to rise to Rs.447,80,00,000; Q2 and H1 results adopted
Board approved a bonus issue of equity shares in the ratio 1:1 — 1 equity share of Rs.10 each for every 1 equity share of Rs.10 each held, subject to shareholder approval; record date to be intimated.
By ScoutQuest · · 3 min read
- Bonus Issue Ratio
- 1:1 — 1 equity share of Rs.10 each for every 1 equity share of Rs.10 each held
- Authorised Share Capital (revised)
- Rs.447,80,00,000 (up from Rs.225,00,00,000)
- Consolidated Profit After Tax (Q2)
- Rs. 694.61 millions for the quarter ended September 30, 2026
What the board approved
- A bonus issue of equity shares in the ratio 1:1, that is 1 equity share of Rs.10 each for every 1 equity share of Rs.10 each held, subject to the approval of shareholders. The record date is to be intimated.
- An increase in the authorised share capital from Rs.225,00,00,000 divided into 22.5 crore equity shares of Rs.10 each, to Rs.447,80,00,000 divided into 44.78 crore equity shares of Rs.10 each, with a consequential change in the Capital Clause of the Memorandum of Association.
- The draft notice of the 1st Extra Ordinary General Meeting for the financial year 2026-27, to seek shareholder approval for the capital increase and the bonus issue.
What a bonus issue means for a shareholder
In a bonus issue, existing shareholders get extra shares without paying for them, in proportion to their current holding. Here every shareholder gets 1 additional share for each share held, so the number of shares doubles. The company's profits do not change because of this, so per-share figures such as earnings per share get recalculated on the larger share count. The face value stays at Rs.10 per share.
Results for the quarter and half year ended September 30, 2026 These results are unaudited and have been reviewed. Figures are printed in Rs. In Millions.
- Consolidated 'Revenue from operations' was Rs. 3,728.67 millions for the quarter, against Rs. 2,744.33 millions a year earlier.
- Consolidated 'Profit after tax' was Rs. 694.61 millions for the quarter, against Rs. 564.64 millions a year earlier.
- Consolidated 'Profit for the Period/Year' was Rs. 694.72 millions for the quarter and Rs. 1,300.79 millions for the half year.
- Consolidated 'Revenue from operations' for the half year was Rs. 6,826.53 millions, against Rs. 5,090.56 millions; consolidated 'Profit after tax' for the half year was Rs. 1,300.68 millions, against Rs. 1,044.24 millions.
- Standalone 'Profit after tax' was Rs. 71.80 millions for the quarter, against a loss of Rs. (7.41) millions a year earlier, and Rs. 116.81 millions for the half year, against Rs. 8.24 millions.
- Consolidated basic earnings per share was Rs. 3.12 for the quarter (Rs. 2.75 a year earlier) and Rs. 5.84 for the half year (Rs. 5.13 a year earlier).
Auditor's review conclusion
The limited review report issued by MSKA & Associates LLP states that, based on its review and on the reports of other auditors for certain subsidiaries and jointly controlled entities, nothing has come to its attention that causes it to believe that the statement has not disclosed the information required or that it contains any material misstatement. A review provides moderate assurance and is not an audit.
Other disclosures in the notes
Choice Equity Broking Private Limited issued 42,25,350 Compulsorily Convertible Preference Shares (CCPS) at an issue price of Rs. 2,130 per share, aggregating Rs. 9,000 million, to NH Investment & Securities Co. Ltd, and the entire proceeds were received by the company on October 27, 2026. The group's business segments are Broking & Distribution Services, Advisory Services and NBFC Services.
Points to keep in mind
- The bonus issue is subject to shareholder approval, and the record date will be decided separately.
- Pre-bonus and post-bonus share counts and per-share figures are not directly comparable once the bonus shares are allotted.
Also from Choice International
Choice International Q2 FY27: NH Investment & Securities' ₹900 crore received; government advisory order book ₹710 crore
2 Nov 2026
Investor presentation for the September 2026 quarter: business footprint and FY23-FY26 growth rates
2 Nov 2026
Earnings conference call on 03 November 2026 to discuss Q2 and H1 FY27 results
29 Oct 2026
More numbers
- Authorised share capital after increaseRs.447,80,00,000/-
- Existing authorised share capitalRs.225,00,00,000/-
- Bonus issue ratio1:1
- Consolidated Revenue from operations, quarterRs. 3,728.67 millions
- Consolidated Profit after tax, quarterRs. 694.61 millions
- Consolidated Total income, half yearRs. 6,980.46 millions
- Standalone Profit after tax, half yearRs. 116.81 millions
- CCPS issue aggregate amountRs. 9,000 million
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