
Axita Cotton Ltd. Announces Q3 Results, Bonus Issue and Postal Ballot
Axita Cotton Ltd. announced its unaudited financial results for the quarter and nine months ended on December 31, 2025. The company's Board of Directors also approved a bonus issue of 1:10, where one bonus equity share of Re. 1/- will be issued for every 10 existing equity shares of Re. 1/-. The record date for the bonus issue is set as February 13, 2026, and the issuance is subject to the approval of shareholders through a postal ballot. The notice of the postal ballot will be submitted to the stock exchange after it is sent to the shareholders. M/s. PRT & Associates, Practicing Company Secretary, has been appointed as a scrutinizer for the postal ballot. The Board also considered and approved other business as per the agenda.
Key Highlights
- Axita Cotton Ltd. announced its unaudited financial results for Q3 2025.
- The company's Board approved a bonus issue of 1:10, subject to shareholder approval.
- The record date for the bonus issue is February 13, 2026.
- A postal ballot will be conducted for obtaining shareholder approval for the bonus issue.
- M/s. PRT & Associates appointed as a scrutinizer for the postal ballot.
Price Impact
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