Aastha Spintex may issue 1:1 bonus, 100% dividend

Aastha Spintex's Board will meet on July 23, 2026 to consider a bonus issue of up to 1:1, meaning one share for every share held.

The Board will also consider a final dividend of up to 100% (Rs 10 per share) on the face value of Rs 10.

The company plans to expand into forward-integrated textile products, including grey fabric and value-added fabric products under its own brand.

Aastha Spintex shares fell 7.4% to Rs 107.55 on the announcement, despite the proposals.