AVI Polymers board has approved the issuance of bonus equity shares in the ratio of 1:10, meaning shareholders will receive one bonus equity share for every ten existing fully paid-up equity shares held as on the record date. According to the company's regulatory filing, the bonus issue is subject to shareholder approval and regulatory clearances. The bonus shares are expected to be credited or dispatched within two months from the date of board approval. The company will utilise ₹9.41 crore from its balance of free reserves for the issuance, with the remaining ₹12.11 crore available for capitalisation as of March 31, 2026.
Following the bonus issue implementation, AVI Polymers' post-bonus paid-up equity share capital is expected to increase to ₹103.49 crore, consisting of 10.34 crore equity shares of ₹10 each. The company's pre-bonus paid-up share capital stood at ₹94.09 crore, comprising 9.40 crore equity shares of ₹10 each. The bonus shares will rank pari passu in all respects with existing equity shares, and the record date will be intimated separately in accordance with Regulation 42 of SEBI (LODR) Regulations, 2015.
AVI Polymers shares have witnessed heavy volatility in recent months, with the stock ending May with a steep decline of 24%, erasing most of its 19% gain recorded in April. The stock had touched a fresh all-time high of ₹29.41 per share in March, prior to which it had surged 176% in February, marking its biggest monthly gain since November 2025. Despite the sharp swings, the stock has rallied 89% so far in 2026, building on a 68% gain recorded in the previous calendar year. The company's shares remain under volatile conditions as they continue to fluctuate between gains and losses.
For the March quarter (Q4FY26), AVI Polymers reported revenue of ₹150.28 crore, marking a 13.6% quarter-on-quarter jump from ₹132.32 crore. The company's net profit rose to ₹10.24 crore from ₹7.01 crore in Q3FY26, reflecting growth of 46.1%. This strong financial performance comes as the company prepares to implement its bonus issue, which is expected to improve liquidity and affordability for investors while maintaining the company's robust financial position.
