Multibagger stock with 63.97% stake owned by promoters; Board likely to announce 1:1 bonus share; Check record date if announced

GEE Limited has announced that it will hold its 64th Annual General Meeting (AGM) on September 26, 2025. During this meeting, the company's members will vote on a bonus issue of shares. If approved, the company has set Friday, October 03, 2025, as the record date to determine the shareholders eligible to receive the bonus shares. The bonus will be issued in a 1:1 ratio, meaning for every one existing fully paid-up equity share with a face value of Rs 2, shareholders will receive one new fully paid-up bonus share of the same face value.

GEE Ltd, established in 1996, is a manufacturer and dealer of a wide range of welding consumables and related equipment. The company's diverse product portfolio includes covered electrodes, TIG wires, MIG wires, flux-cored wires and SAW wires and flux combinations. These products cater to various applications and materials, such as mild steel, stainless steel, low alloy and hard facing. GEE Ltd also offers a specialised line of low heat input (LHI) Gemet Series Electrodes.

The company has a market cap of Rs 450 crore and its working capital requirements have reduced from 39.4 days to 27.8 days with promoters holding 63.97 per cent stake. In Q1FY26, the company reported net sales of Rs 79.18 crore and net profit of Rs 98 lakh while in FY25, the company reported net sales of Rs 334 crore and net loss of Rs 9 crore. The stock is up by 60 per cent from its 52-week low of Rs 110.50 per share and has given multibagger returns of 600 per cent in 5 years.

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