Aastha Spintex Shares Tumble 10% On Final Day To Qualify For 1:1 Bonus Issue Textile firm Aastha Spintex faced a 10% drop in intraday trade on the last eligibility day for its 1:1 bonus issue, even as the company bagged a Rs 25 crore order from JSK Textile. Shares of Gujarat-based textile firm Aastha Spintex Ltd witnessed intense trading activity on Friday, September 25, marking the final session for market participants seeking eligibility for its forthcoming 1:1 bonus share distribution. The company had previously established September 28, 2026, as the formal record date to identify investors entitled to receive the additional bonus equity shares. With market mechanisms dictating exact settlement windows, investor positioning around the stock remained notably heightened throughout the session. Structure and Ratio of the 1:1 Bonus Issue Under the corporate action structure detailed by Aastha Spintex, existing shareholders will be granted one additional fully paid-up equity share for every single equity share they hold on the designated record date. Both the existing equity shares and the upcoming bonus shares carry an identical face value of Rs 10 each. In terms of practical allocation, an investor maintaining a position of 100 shares through the qualification cutoff will see their aggregate holding expand to 200 equity shares following the distribution. Such corporate exercises serve to capitalize reserves while enhancing the total float and liquidity of the stock in secondary markets. Settlement Mechanics and the September 28 Record Date Trading eligibility for corporate actions across Indian bourses operates strictly within the framework of the T+1 rolling settlement cycle. Because transactions executed on a trading day take one additional working session to formally settle into demat holdings, purchases made on Friday, September 25, settle precisely on Monday, September 28. With weekend non-trading intervals intervening, Friday represents the vital cutoff day for entering the shareholder register ahead of the record date. Anyone executing buy orders subsequent to this window will not be entered into the company records in time to receive the allocated bonus shares. Stock Slumps 10% in Intraday Trade Despite the positive corporate action event, the equity counter faced sharp selling pressure during Friday's trading session. Shares of Aastha Spintex began the day at Rs 79, which also registered as the intraday peak for the session. Heavy trading soon pushed the price downward toward an intraday trough of Rs 72.72. By approximately 12:01 pm, the counter was trading lower by 10% at Rs 72.72, reflecting aggressive profit-taking or repositioning by short-term market participants right before the record cutoff. Commercial Update: Rs 25 Crore Supply Contract Secured In tandem with the corporate action updates, the Gujarat-based manufacturer announced a fresh operational milestone in its business operations. Aastha Spintex has bagged a commercial supply contract valued at Rs 25 crore from JSK Textile LLP. Under the provisions of this contract, the company will manufacture and deliver Greige Fabric over an execution timeline spanning two years. This contract win provides visibility for manufacturing volumes across the coming operational quarters and adds a foundational commercial development alongside the ongoing capital restructuring. What this means for you The developments directly affect retail shareholders and textile sector investors through share count expansion and immediate price volatility. • For Existing Shareholders: Your total share holding will double via the one-for-one allotment following the record date. However, the market price per share will mathematically adjust downward to reflect the increased share base. • For Prospective Buyers: Friday, September 25, marks the strict cutoff session to purchase shares to gain bonus entitlement. Anyone buying after this date will trade on an ex-bonus basis without qualification rights. • For Business Visibility: The Rs 25 crore order from JSK Textile LLP secures manufacturing demand across a two-year timeline. This contract adds predictable operational revenue to the company order pipeline. • For Short-Term Traders: The intraday 10% plunge highlights swift profit-booking pressure ahead of the record weekend. Traders must prepare for continued price adjustments once the counter begins ex-bonus trading. Why this happened The intense market focus and sharp price swings stem from corporate action timing constraints combined with an operational announcement. • Settlement Schedule Deadlines: Because the record date is Monday, September 28, India's T+1 settlement cycle required purchases by Friday, September 25, to qualify for the 1:1 issue. This created concentrated trading activity during Friday's session. • Intraday Profit-Taking: Traders who had accumulated positions ahead of the corporate action engaged in rapid profit-booking. This heavy selling forced the counter down from an intraday high of Rs 79 to Rs 72.72. • Commercial Deal Milestone: The company secured a Rs 25 crore contract from JSK Textile LLP for Greige Fabric supply over two years. This fundamental development provided operational context alongside the capital changes. Questions & Answers 1. What does the 1:1 bonus issue by Aastha Spintex mean? It means eligible shareholders will receive one additional fully paid-up equity share for every existing share held on the record date. 2. What is the record date fixed for the bonus shares? The company has fixed September 28, 2026, as the record date to determine eligible shareholders. 3. Why was September 25 the final day to purchase shares for bonus eligibility? Due to India's T+1 settlement mechanism, shares purchased on Friday, September 25, formally settle on the record date of Monday, September 28. 4. How did the stock perform during Friday's trading session? The stock opened at an intraday high of Rs 79 before tumbling 10% to trade around Rs 72.72. 5. What new commercial contract did the company secure? Aastha Spintex secured a Rs 25 crore supply order from JSK Textile LLP for Greige Fabric, executable over a two-year period. https://trendkia.com/en/market/aastha-spintex-ka-sheyara-10-pratishata-tuta-1-1-bonasa-sheyara-ke-lie-aja-kharidari-ka-akhiri-mauka-38348 TrendKia — Har trend, sabse pehle.