1:1 Bonus Share & 1:5 Stock Split: Multibagger Stock Hit 5% Upper Circuit; Rockets 300% in 3 Years

Silver Touch Technologies Limited has officially scheduled Friday, March 6, 2026, as the record date to execute a combined corporate action involving both a stock split and a bonus issue. Under this dual arrangement, the company will first perform a 1:5 stock split, subdividing each existing equity share with a face value of Rs 10 into five shares with a face value of Rs 2 each. Following this subdivision, the company will issue bonus shares in a 1:1 ratio, granting one additional equity share of Rs 2 for every single share of Rs 2 held. Consequently, an investor holding one original share before these changes will eventually hold a total of ten shares, effectively increasing liquidity and broadening the shareholder base while maintaining the proportional value of the investment.

About the Company

Silver Touch Technologies Limited is a rapidly growing IT solutions and consulting firm that empowers government and enterprise clients through cloud computing, AI, automation and analytics. The company currently maintains a robust Order Book of approximately Rs 650 crore, characterised by a strategic mix of immediate deployment and long-term sustainability. Typically, projects are structured over a five-year tenure, where 50 per cent to 60 per cent of the contract value is realised through initial implementation in the first year, while the remaining 40% to 50% provides steady revenue through ongoing operations and maintenance. This model ensures that 8 per cent to 10 per cent of project value is consistently billed annually over the subsequent four to five years, reinforcing the company's focus on predictable, annuity-based growth.

On Thursday, shares of Silver Touch Technologies Ltd hit a 5 per cent Upper Circuit to Rs 1,347.20 per share from its previous closing of Rs 1,283.05 per share. The shares have a 52-week low of Rs 1,695.50 per share and a 52-week low of Rs 621 per share. The company has a market capitalisation of Rs 1,703 crore and has given multibagger returns 117 per cent from its 52-week low of Rs 621 per share.

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