Chavda Infra Limited has announced an important update for its shareholders about the bonus issue. The company has fixed the record date for its 1:1 bonus equity shares. This information was given to National Stock Exchange of India Limited on September 18, 2026.
Chavda Infra Limited Fixes Record Date for 1:1 Bonus Issue
Official Intimation Details
The company’s symbol on NSE is CHAVDA. The letter is dated September 18, 2026, and was signed by Maheshkumar Chavda, Managing Director, DIN 06387556. The company informed that this is with reference to its earlier letter dated August 06, 2026, regarding recommendation made by the Board of Directors for issue of bonus shares.
The Board had recommended bonus shares in the ratio of 1 (one) bonus equity share for every 1 (one) existing equity share. This proposal has now been approved by shareholders.
Shareholder Approval and Postal Ballot Result
How Was Bonus Approved?
The shareholders of the company have approved the bonus issue by passing an Ordinary Resolution through Postal Ballot. The results of postal ballot were declared on September 12, 2026. After getting shareholder approval, the company is now fixing the record date.
What is 1:1 Bonus Issue in Simple Words?
1:1 bonus issue means for every 1 share you own, you will get 1 extra share for free. For example, if you have 100 shares of Chavda Infra Limited on record date, you will get 100 bonus shares. After bonus, you will have total 200 shares. Company gives bonus shares from its reserves to reward shareholders.
Record Date, Allotment Date and Trading Date
When is Record Date?
Pursuant to Regulation 42 of SEBI Listing Obligations and Disclosure Requirements Regulations 2015, the company has fixed September 24, 2026, as the Record Date for determining eligibility of shareholders entitled to receive bonus shares. In the filing, day is mentioned as Thursday but September 24, 2026 is actually Wednesday as per calendar.
Type of Security is Equity. Book Closure is NA. Purpose is Bonus Issue.
When Will Bonus Shares be Allotted and Traded?
As per SEBI Circular No. CIR/CFD/PoD/2024/122 dated September 16, 2024, the deemed date of allotment of bonus shares shall be Friday, September 25, 2026. These bonus shares will be available for trading on the next working day, i.e., Monday, September 28, 2026.
This means after record date, bonus shares will be credited to shareholders on September 25 and you can trade them from September 28 onwards.
Why Companies Give Bonus Shares?
Simple Explanation for Investors
Companies give bonus shares to share their reserves with shareholders and increase liquidity in market. After bonus, number of shares increases but price adjusts accordingly. Total value of investment remains same initially. It shows company has confidence in future and has strong reserves.
For Chavda Infra Limited, this 1:1 bonus shows strong financial position. The company is in infra sector and is growing.
What Should Shareholders Do?
Eligibility for Bonus
To be eligible for bonus, you must hold shares of Chavda Infra Limited in your demat account on record date, which is September 24, 2026. If you buy shares before ex-bonus date and hold till record date, you will get bonus. No need to apply separately. Bonus shares will be automatically credited to your demat account.
Information Sent to Depositories
The company has also sent copy of this intimation to National Securities Depository Ltd (NSDL) and Central Depository Services (India) Ltd (CDSL). These are the two depositories in India that hold shares in demat form.
Simple Summary for Readers
Key Points to Remember
In simple words, Chavda Infra Limited announced 1:1 bonus issue. Board recommended it on August 06, 2026. Shareholders approved it on September 12, 2026 via postal ballot. Record date is fixed as September 24, 2026. If you hold 1 share on that date, you get 1 free share. Allotment date is September 25, 2026 and trading starts from September 28, 2026. This is as per official filing to NSE.