Multibagger small-cap stock hit the upper circuit after announcing a revised record date for bonus shares and stock split
DSIJ Intelligence-1Categories: Bonus and Spilt Shares, Multibaggers, Trending
The company has a market cap of Rs 2,363 crore and the stock has given multibagger returns of 441 per cent from its 52-week low of Rs 380 per share.
On Tuesday, the shares of A-1 Limited hit a 5 per cent Upper Circuit to Rs 2,055.10 per share from its previous closing of Rs 1,957.25 per share. The company has a market cap of Rs 2,363 crore and the stock has given multibagger returns of 441 per cent from its 52-week low of Rs 380 per share.
A-1 Ltd (BSE - 542012), an Ahmedabad-based chemical trading and Logistics company, has announced a revision to the Record Date for its significant corporate actions, which include a 3:1 bonus Issue (three equity shares of Rs 10 each for every one existing share) and a 10-for-1 stock split (sub-division of every Rs 10 face value share into ten Re 1 face value shares). The Record Date, which determines the eligibility of shareholders for both the bonus issue and the stock split, has been revised from the previously announced Monday, December 22, 2025, to Wednesday, December 31, 2025, correcting an earlier error. These corporate actions, approved by the board on November 14, 2025, and pending shareholder approval via e-voting, are intended to substantially increase the number of shares (projected to reach 46 crore shares of Re 1 each post-split) to enhance liquidity and accessibility for a broader investor base.
Earlier, the company has disclosed two significant business updates: first, the company, acting as the dealer, has entered into a tri-partite long-term supply arrangement for 10,000 Metric Tonnes of Concentrated Nitric Acid (November 2025 to March 2026) with Manufacturer/Seller Gujarat Narmada Valley Fertilizers & Chemicals Limited and End User/Buyer Solar Industries India Limited & Group companies, which strengthens its presence in the industrial chemicals supply chain; second, A-1 Limited has received a major open delivery order worth Rs 127.50 crore (before Taxes) from Sai Baba Polymer Technologies for the supply of 25,000 MT of Industrial Urea-Automobile Grade, boosting its operating revenues and strategic expansion into the automotive chemical value chain.
About the Company
A-1 Ltd is diversifying its business significantly, moving beyond its five-decade legacy in industrial-acid trading. The company's object clause is being amended to expand into the import and distribution of sports equipment and the sourcing, supply, and contract manufacturing of pharmaceutical products for the international market. Crucially, the company has increased its stake in its subsidiary, A-1 Sureja Industries, from 45 per cent to a controlling 51 per cent for an enterprise value of Rs 100 crore.
This investment positions A-1 Ltd as one of India's first listed chemical companies with a controlling stake in an EV manufacturing enterprise, A-1 Sureja Industries, which produces battery-operated two-wheelers under the 'Hurry-E' brand. The subsidiary is poised for rapid expansion into R&D, EV components, and smart charging infrastructure, with a projected CAGR of over 250 per cent. The overall strategy aims to transform A-1 Ltd into a multi-vertical green enterprise and a future-ready Mid-Cap ESG leader by 2028, a vision supported by recent institutional interest, including a bulk deal by Minerva Ventures Fund on November 7, 2025.
Disclaimer: The article is for informational purposes only and not investment advice.