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Showing posts from March, 2025

SBC Exports Extends Bonus Share Record Date to March 10: More Time for Investors

  Key Points SBC Exports Limited has extended the record date for its 1:2 bonus share issue to March 10, 2025, from March 5, 2025, giving shareholders more time to qualify. The company, known for silk and wool hand-crafted carpets, closed at Rs 19.77 per share on Friday, with a market cap of Rs 629.69 crore. The bonus issue involves issuing 15,87,30,000 new shares, with the allotment date set for March 11, 2025. Company Background SBC Exports Limited is an established contributor in India's fashion industry with focus on high quality silk and wool hand-spun carpets. Apart from its operations in silk and wool carpets, the company further deals with the trading of apparel, manpower supply services, tour operator services with a sister company, Mauji Trip Limited, branching into travel services. Bonus Share Details The bonus share issue is in a 1:2 ratio, meaning for every 2 existing shares, shareholders will receive 1 new share, each valued at Re. 1. The extension of the record date ...