Stock market (file photo)
There is a period of ups and downs in the stock market these days. Since Trump Tariff, foreign investors are constantly withdrawing money from the Indian market. In such a situation, today we are going to tell you about a company that is planning to give 10 bonus shares on an equity share to its current shareholders. For this, there will be a meeting of the board of directors of the company on 30 September.
This bonus share proposal will be discussed in the meeting. Apart from this, trading expansion proposals in areas like stock split, hydroponics and aquaponics will also be discussed. Building Product Manufacturers Building Agri Genetics Limited is registered on the SME platform of the National Stock Exchange (NSE) and the company’s stock rose 5 percent to Rs 199.60 on Thursday. In September alone, the company’s shares have increased by more than Rs 41.
So the bonus being given
The company says that the proposals to be introduced in the board of directors aims to give more benefits to shareholders, increase the market capacity and bring the company’s operations in accordance with modern agricultural technical trends. Bonus share shareholders will be subject to approval and other necessary approvals. Its purpose is to reward loyal shareholders and strengthen equity participation. Split the existing equity shares of ₹ 10 inscribed price by 1:10 will increase the liquidity of the shares and the basis of shareholders will be widespread.
Company will step into new business
The company says that the meeting will also consider strategic expansion in hydroponics and aquaponics sectors in the meeting, keeping in mind the increasing demand for sustainable and water conservation-based agriculture and pesticides-free production. This step is being taken in view of the need for high productivity and low water agricultural solutions in India. This will help the company to get a premium margin and get opportunities in fresh vegetables, herbs and special crops in both domestic and export markets. The company’s director Pranav Kailas Bagal said that these proposals have been prepared not only to increase the price increase for shareholders and to increase the market appeal of our shares, but also to connect our operations with state -of -the -art agricultural techniques.
Revenue increased by 273 percent in last financial year
During the last financial year 2024-25, the company’s operational revenue was Rs 236.51 crore and there has been an increase of 273 at the annual basis. In the last financial year, the net profit of the company increased by 143 percent to Rs 25.28 crore on an annual basis. In the fourth quarter of the last financial year (January-March 2025), the company’s operational revenue increased by 208 percent to Rs 62.99 crore and the net profit increased by 107 percent to Rs 6.92 crore.