One of the last corporate actions of the year is lined up for A-1 Limited. Tomorrow is the last trading day to buy shares of this chemical stock, as the company has fixed December 31, 2025, as the record date for both its 3:1 bonus issue and 1:10 stock split, according to an exchange filing.
This means investors must buy the shares before the ex-date to become eligible for these corporate actions.
Record Date for Bonus Issue and Stock Split Explained
As per the filing, December 31 will determine which shareholders are eligible to receive bonus shares and benefit from the stock split. The company will issue three bonus equity shares for every one existing equity share of face value Rs. 10 held by eligible shareholders.
At the same time, the company will also carry out a subdivision (stock split), where one equity share of Rs. 10 face value will be split into 10 equity shares of Rs. 1 each. Both the bonus issue and stock split will have the same record date. So, eligible shareholders will end up holding more shares at a lower face value, without any additional investment.
Buying shares on the record date does not qualify investors for bonus or stock split benefits, as share ownership will not reflect in time due to settlement cycles. Therefore, today is effectively the last day for investors to purchase A-1 Limited shares to be eligible for the bonus issue and stock split.
A-1 Share Price Performance
A-1’s stock ended 5% higher at Rs.1,840.90 in the latest session. While the stock has declined 31% over the past month, it has delivered a massive 178% rally in just six months.
About A-1 Limited
Founded in 1975, A-1 Limited (formerly A-1 Acid Limited) is an Ahmedabad-based chemical trading company engaged in wholesale distribution of industrial chemicals across India and overseas markets. As of December 29, the company’s market capitalisation stands at around Rs. 2,116 crore.
The company deals in a wide range of chemicals, including nitric acid, sulphuric acid, hydrochloric acid, oleum, formaldehyde, caustic soda, and industrial urea. It serves as a dealer for major producers such as Gujarat State Fertilisers & Chemicals, Hindalco Industries, and Grasim Industries.
