1. At a Glance
Narmada Macplast Drip Irrigation Systems Ltd just dropped the ultimate combo pack: 1:1 Bonus Issue + 5-for-1 Stock Split. The board doubled your shares and then multiplied them by five. If math isn’t your thing: your single share magically turns into 10 shares (post both events). Oh, and the authorized capital now balloons to ₹10 Cr to accommodate this fireworks display.
2. Why This Matters?
This isn’t just a corporate gimmick. Bonus shares scream confidence (“We have reserves to spare”), and stock splits scream accessibility (“Let retail buy us like candy”). Together, they improve liquidity, attract new investors, and sometimes pump the price just because… hype.
3. The Moves (Boardroom Edition)
- MOA & AOA Revamp: Old 1956 Companies Act rules thrown out; shiny
