Pradhin Limited’s Bold Moves: Stock Split, Dividend, and Bonus Issue Drive Market Buzz

Shares of small-cap company Pradhin Limited surged during Wednesday’s market session, despite broader market weakness, closing at ₹29.30 on January 8, 2025. The stock briefly hit its upper circuit at ₹30.10 before settling with a 2.20% gain.
In a strategic move to enhance shareholder value and liquidity, the company announced a board meeting scheduled for January 17, 2025. Key items on the agenda include a 1:10 stock split, up to a 100% dividend declaration, and a 2:1 bonus issue of shares.
Key Announcements:
- Stock Split:
The board will consider splitting each existing equity share of ₹10 face value into 10 equity shares of ₹1 each. This move aims to make the stock more accessible to retail investors and increase liquidity in the market. - Bonus Issue:
The proposed 2:1 bonus issue means shareholders will receive two additional shares for every one share held, significantly enhancing shareholder value if approved. - Dividend Declaration:
The board will also discuss declaring up to a 100% dividend, signaling the company’s commitment to rewarding its investors.
Market Performance:
Pradhin Limited’s stock has shown resilience and growth over the past year. On January 8, it gained 2.20%, closing at ₹29.30, compared to its previous close of ₹28.67. The shares are currently trading above their 52-week low of ₹23.32, recorded on January 1, 2025, but remain below the 52-week high of ₹53.27 achieved on August 29, 2024.
The company’s market capitalization stands at ₹67.35 crore, with a 22.03% year-to-date (YTD) gain, highlighting its consistent performance despite market volatility.
About Pradhin Limited:
Incorporated in 1982, Pradhin Limited initially focused on metals and steel-related products. Over the years, it has diversified into agro-based products, dairy, cereals, grains, groceries, tea, coffee, and more. The company is also expanding into agricultural waste management, aiming to align profitability with environmental conservation and rural development.
Pradhin’s recent strategic initiatives reflect its commitment to growth and sustainability, positioning it as an attractive prospect in the small-cap segment.
Note: Investors are advised to conduct due diligence before making investment decisions.