This Low Debt Jewellery Company Announces First-Ever 2:1 Bonus Issue; Shares Rally Over 537% From 52-Week Low; Check Record Date
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Divine Hira Jewellers has fixed the record date for its first-ever 2:1 bonus issue, under which shareholders will receive two bonus shares for every one share held. The low debt jewellery company has delivered a remarkable return of over 537 per cent from its 52-week low
✨ Key Takeaways
On Wednesday, Indian equity benchmarks traded higher, with the benchmark Nifty 50 index rising 0.83 per cent to 24,021.65. Amid the positive market sentiment, Divine Hira Jewellers share price traded at Rs 319.50, up 1.14 per cent during the session.
Divine Hira Jewellers Announces First-Ever Bonus Issue
Divine Hira Jewellers informed the exchanges that it has fixed June 30, 2026 as the record date for determining shareholders eligible for its first-ever bonus issue. The company will issue 2 bonus equity shares for every 1 existing equity share held, resulting in a 2:1 bonus issue.
The company has received shareholder approval for the bonus issue and also secured in-principle approval from the National Stock Exchange for the proposed allotment of 2,60,94,200 bonus equity shares. The deemed date of allotment has been fixed as July 1, 2026.
Bonus Issue Aims To Improve Liquidity
A bonus issue increases the number of outstanding shares by capitalising reserves and distributing additional shares to existing shareholders without any cash outflow. Such corporate actions generally improve stock liquidity and enhance retail investor participation by making shares more affordable.
The proposed 2:1 bonus issue means eligible shareholders will receive two additional equity shares for every one share held as of the record date.
Divine Hira Jewellers Share Price Performance
Divine Hira Jewellers has delivered exceptional returns over the last year. The stock touched a 52-week high of Rs 346.50 on May 11, 2026, compared with a 52-week low of Rs 50.10 recorded on June 25, 2025.
From its 52-week low, the stock has generated a remarkable return of approximately 537.72 per cent, making it one of the notable multibagger performers in its segment.
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Divine Hira Jewellers Low Debt Profile
The company maintains a relatively healthy balance sheet with total debt of approximately Rs 23.2 crore. Its low debt profile provides financial flexibility and supports future growth plans while limiting interest burden.
About Divine Hira Jewellers
Divine Hira Jewellers Ltd is engaged in the business of manufacturing, designing and trading gold jewellery and ornaments. The company caters to wholesalers, retailers and jewellery traders through a diversified product portfolio that includes necklaces, rings, bangles, chains and other jewellery products.
Operating from Mumbai's renowned jewellery hub, the company focuses on product quality, design innovation and customer relationships. Over the years, Divine Hira Jewellers has expanded its presence in the organised jewellery market while benefiting from rising consumer demand and increasing formalisation of the industry.
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Disclaimer: The article is for informational purposes only and not investment advice.