40% Returns in 1 Month: Small-Cap Infra Company to Consider Bonus Shares and Dividend on August 6; Check Details
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Chavda Infra has scheduled a Board meeting on August 6, 2026, to consider a bonus issue, recommend a dividend and discuss other business matters
✨ Key Takeaways
On Monday, Indian equity benchmark indices traded higher, with the benchmark Nifty 50 index rising 204.15 points, or 0.83 per cent, to 24,587.75. Amid the positive market sentiment, Chavda Infra share price jumped 1.91 per cent to Rs 128.30 after the company announced that its Board of Directors will meet later this week to consider a Bonus share issue and Dividend recommendation. Further, the company's shares have delivered strong returns, gaining around 39 per cent over the last one month.
Chavda Infra Board to Consider Bonus Issue and Dividend
Chavda Infra informed the exchanges that a meeting of its Board of Directors is scheduled to be held on Thursday, August 6, 2026, at the company's registered office.
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Download Service BrochureDuring the meeting, the Board will consider and, if approved, recommend the issue of bonus shares, subject to the necessary statutory and shareholder approvals. The Board will also consider the recommendation of a dividend, along with any other business that may be taken up with the permission of the Chair.
Trading Window Remains Closed
The company further informed that the trading window for dealing in its securities will continue to remain closed until 48 hours after the declaration of the financial results for the quarter ended June 30, 2026, in accordance with the SEBI (Prohibition of Insider Trading) Regulations and the company's Code of Conduct.
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Key Trigger for Investors
The proposed bonus issue and dividend declaration are subject to the Board's approval at the upcoming meeting. Investors will closely monitor the outcome of the meeting, which could act as a key trigger for the stock in the near term.
About Chavda Infra
Chavda Infra Ltd is engaged in the Construction and infrastructure development business, executing residential, commercial and institutional projects. The company focuses on engineering, procurement and construction (EPC) activities across multiple segments of the Real Estate and infrastructure sector.
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Disclaimer: The article is for informational purposes only and not investment advice.