P H Capital’s 10:1 bonus issue is scheduled to trade ex-bonus on 7 October 2026, the same day as its record date, according to BSE’s corporate-action feed. The ratio means ten additional shares for each eligible existing share.
Ten extra shares, eleven in total
If a shareholder has 10 eligible shares, the ratio corresponds to 100 bonus shares and 110 shares in total after allotment. The distinction between additional shares and total shares matters: a 10:1 bonus does not mean that one old share becomes only ten shares.
More shares are not an automatic windfall
A bonus reallocates the company’s capital and increases the number of shares. The reference price normally adjusts for that larger number of units; the event alone does not produce an elevenfold increase in the holder’s investment value. Trading movements are separate from this mechanical adjustment. BSE’s record-date entry does not establish that allotment, demat credit and permission to trade have all been completed. No allotment quantity, current share price, expected return or confirmed credit date is asserted here.
Security and evidence
| Issuer | P H Capital |
|---|---|
| Security | BSE 500143 |
| Event | bonus |
BSE’s feed, checked at 00:55 IST on October 7, specifies the 10:1 ratio and the same-day ex-date and record date. Its educational material supports the distinction between added units and investment value. This review does not substitute an old settlement example for the current dated entry.
Sources: P H Capital exchange-calendar entry; BSE corporate-action mechanics; NSE securities settlement. Related coverage: CapKet Markets.
Related report: GTV Engineering’s separate 2:1 bonus.