Aastha Spintex Announces 1:1 Bonus, Dividend and Expansion


    By Dalal Street Investment Journal (DSIJ)

    Summary :


    Aastha Spintex announced a 1:1 bonus issue, recommended a final dividend of Re 0.10 per share and unveiled plans to enter the grey fabric business. The announcements kept the stock volatile during Thursday's session as investors assessed the company's latest growth initiatives.

    Aastha Spintex Shares in Focus: Know Why

    Aastha Spintex came into the spotlight after announcing a series of corporate actions, including a 1:1 bonus issue, a final dividend, and plans to expand into the grey fabric business. The announcements triggered sharp volatility in the stock during Thursday's trading session.

    Against its previous closing price of ₹103.24, it touched an intraday low of ₹95.85 and an intraday high of ₹106.40.

    Board Approves 1:1 Bonus Issue

    The biggest announcement was the approval of a 1:1 bonus issue. Under this proposal, shareholders will receive one fully paid equity share for every one existing equity share they hold on the record date. The record date has not been announced yet and will be communicated later.

    According to the filing, the company plans to issue 4.41 crore bonus equity shares with a face value of ₹10 each. The paid-up equity share capital will rise from 4.41 crore shares to 8.82 crore shares after the issue.

    Company Recommends Final Dividend of ₹0.10

    Along with the bonus issue, the Board recommended a final dividend of Re 0.10 per equity share for FY26. The dividend represents 1% of the face value of each equity share. It will be paid only after shareholders approve the proposal at the upcoming Annual General Meeting.

    Aastha Spintex Ltd

    Trade

    103-0.23 (-0.22 %)

    Updated - 23 July 2026
    106.40day high
    DAY HIGH
    95.85day low
    DAY LOW
    17825215
    VOLUME (BSE)

    Entry Into The Grey Fabric Business

    The company said it is moving beyond cotton yarn manufacturing and entering the grey fabric segment. The Board approved plans to manufacture and trade grey fabrics for both domestic and international customers. As per the company, this move marks its next phase of growth as it looks to climb the textile value chain.

    It also highlighted that the acquisition of Falcon had already increased its yarn manufacturing capacity from 7,700 metric tonnes per annum to 17,457 metric tonnes, representing a 127% increase. The new fabric business is expected to help the company generate more value from its existing manufacturing capabilities and raw material base.

    Aastha Spintex Ltd Share Price Performance

    The share price opened in the red today. It opened at ₹101.69 on Thursday, compared to its previous close of ₹103.24. The stock later witnessed sharp volatility during the session. It fell to an intraday low of ₹95.85, down 7.16% from the previous close, before rebounding to an intraday high of ₹106.40, up 3.06%. As of 2:53 PM, the stock was trading at ₹103.69, higher by ₹0.45 or 0.44% over its previous closing price.

    About Aastha Spintex Ltd

    Founded in 2013, Aastha Spintex is a Gujarat-based textile company. The company manufactures and trades in cotton yarn and cotton bales. The company produces carded, combed, and compact combed cotton yarns for textile manufacturers.

    Source: Dalal Street Investment Journal (DSIJ), BSE, NSE

    About the Author

    SEBI Registered Research Analyst (INH000006396).


    Founded in 1986, Dalal Street Investment Journal (DSIJ) brings decades of experience in India’s equity markets. DSIJ's research combines fundamental analysis with price action, guided by disciplined risk management and capital preservation. They follow a structured, data-driven approach designed to help investors and traders make informed decisions beyond short-term market noise. 

    Published Date : 23 Jul 2026

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    This article is for educational purposes only and should not be considered investment advice. Market investments are subject to risks. DSIJ Wealth Advisory Private Limited is a SEBI-registered Research Analyst (Reg. No: INH000006396) and Investment Adviser (Reg. No: INA000001142). Please consult your financial adviser before investing. 

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