Debt-free stock hit upper circuit as board is likely to announce a 1:10 stock split, up to 10:1 bonus shares and business expansion

DSIJ Intelligence-1 / 15 Sep 2025/ Categories: Bonus and Spilt Shares, Mindshare, Trending

Debt-free stock hit upper circuit as board is likely to announce a 1:10 stock split, up to 10:1 bonus shares and business expansion

The shares of the company have a PE of 6x, an ROE of 34 per cent and a ROCE of 35 per cent.

On Monday, shares of Nirman Agri Genetics Ltd hit a 5 per cent upper circuit to Rs 172.45 per share from its previous closing of Rs 164.25. The stock’s 52-week high is Rs 456 per share and its 52-week low is Rs 130.10 per share.

A meeting of the Board of Directors of Nirman Agri Genetics Ltd. is scheduled for Tuesday, September 30, 2025. During this meeting, the Board will consider several key proposals aimed at increasing shareholder value and improving marketability. The agenda includes a proposal for a stock split of existing equity shares at a ratio of up to 1:10. This move is intended to increase liquidity and make the shares more accessible to a broader base of investors. Additionally, the Board will consider a proposal for a bonus issue of up to 10 bonus shares for every 1 equity share held, subject to shareholder approval, as a way to reward existing shareholders and encourage greater equity participation.

The Board will also deliberate on a strategic expansion into hydroponics and aquaponics farming technologies. This potential diversification aligns with the growing global demand for sustainable and water-efficient agricultural methods and the rising consumer preference for pesticide-free produce. By moving into these emerging areas, Nirman Agri Genetics aims to leverage its R&D capabilities, achieve higher profit margins, and meet India's demand for high-yield, low water footprint farming solutions. Further details regarding these proposals, including record dates and regulatory approvals, will be disclosed at a later time.

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Incorporated in 2020, Nirman Agri Genetics Limited is an organised Agri-input company in India. The company is in the business of production, processing, and marketing of high-quality hybrid seeds, pesticides, and bio-organic products for different crops like corn, sunflower, cotton, paddy, grain sorghum, etc and has recently forayed into micronutrients and bioproducts.

The company has a market cap of Rs 138.13 crore and as of March 2025, it is debt-free. The shares of the company have a PE of 6x, an ROE of 34 per cent and a ROCE of 35 per cent. The stock is up by 32.6 per cent from its 52-week low of Rs 130.10 per share.

Disclaimer: The article is for informational purposes only and not investment advice.