Penny stock below ₹10 announces 1:1 bonus share issue. Check details

Stock Market Today: Julien Agro Infratech, a penny stock trading below ₹10, announced a 1:1 bonus share issue on Monday, August 18. Following the announcement and buoyed by strong sentiment in the Indian stock market, the stock traded firmly.

Julien Agro Infratech bonus share details

Julien Agro Infratech on Monday announced the outcome of the board meeting. As per the release on the BSE, Julien Agro Infratech's board of directors approved the bonus share issue in the ratio of 1:1.

The company in a release on the exchanges said, “The Board of Directors of the company, at its meeting held today, i.e., August 18, 2025, inter alia, considered and approved the issue of bonus equity shares in the ratio of 1:1, i.e., one (1) bonus equity share of face value of ₹5/- each for every one (1) fully paid-up equity share of face value of ₹5/- each, held by the members of the company as on the record date, by capitalizing a sum not exceeding 297,890,000 (twenty-nine crore seventy-eight lakhs ninety thousand rupees only) out of the Securities Premium & Free Reserves of the company, subject to the approval of the members of the company.”

Bonus issue record date

The record date for determining the entitlement of the members of the company to receive bonus equity shares will be announced by Julien Agro Infratech in due course.

Julien Agro Infratech share price movement

Julien Agro Infratech, the penny stock below ₹10, saw its share price open at ₹8.41 on the BSE on Monday. At the time of opening, the penny stock below ₹10 was slightly higher than the previous trading session's closing price of ₹8.33.

Julien Agro Infratech's share price thereafter gained further to intraday highs of ₹8.74. This meant the stock gained close to 5% during the intraday trade.

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