Shares of A-1 Ltd, a notable multibagger stock, locked in a 5% upper circuit during Monday's trading session, reaching a price of ₹1,840.90. This sharp upward movement was triggered by the company's official announcement regarding the record dates for its previously approved corporate actions—a bonus share issue and a stock split.
Key Dates for Bonus Shares and Stock Split Finalised
The company has set December 31 as the record date for determining shareholder eligibility for the bonus issue. For the subsequent stock split, the record date has been fixed as January 8, 2026. According to the company's release, these strategic moves are aimed at enhancing stock liquidity in the market and rewarding its loyal shareholder base.
The board of A-1 Ltd had given its approval for these corporate actions on December 22. The specifics are as follows:
- 3:1 Bonus Issue: Shareholders will receive three bonus equity shares of ₹10 each for every single existing equity share of ₹10 each that they hold.
- 10:1 Stock Split: Each existing equity share with a face value of ₹10 will be sub-divided into ten smaller equity shares, each with a face value of ₹1.
Strategic Push into Electric Vehicle Sector
Alongside the bonus and split announcements on December 22, A-1 Ltd revealed a significant strategic investment in the green energy space. The company has increased its partnership interest and shareholding in A-1 Sureja Industries, a manufacturer of battery-operated two-wheelers sold under the brand 'Hurry-E'.
The stake has been raised from 45% to 51% at an enterprise valuation of ₹100 crore. This acquisition of a majority stake positions A-1 Ltd as one of the first listed chemical companies in India to hold direct equity in a certified electric vehicle manufacturing enterprise.
The company stated that this decision recognizes the rapid global shift towards green energy and sustainable transport. It is also considering expanding the operations of A-1 Sureja Industries into manufacturing and distribution of EVs and other clean mobility fields. This expansion would include research and development (R&D), EV component manufacturing, and building smart charging infrastructure.
A-1 Sureja Industries reported revenues of ₹43.46 crore for the financial year 2023-24. The company is now transitioning from the R&D phase to commercial rollout and is projecting a compound annual growth rate (CAGR) exceeding 250%.
A-1 Ltd Share Price: A Multibagger Journey
The stock of A-1 Ltd has exhibited significant volatility, reflecting both bullish momentum and broader market weakness. Despite falling by 31.20% over the past month, its medium to long-term performance has been extraordinary.
The stock has delivered multibagger returns of 178.40% in just six months. Over a one-year period, it has rewarded investors with staggering returns of 358.28%, effectively more than tripling their investment. The five-year return is nothing short of phenomenal, standing at an incredible 3,100%.
A-1 Ltd is listed exclusively on the BSE (Bombay Stock Exchange). The stock achieved its 52-week high of ₹2,816.55 on November 28 of this year. Its 52-week low stands at ₹385.
Disclaimer: This news article is for informational and educational purposes only. Readers are strongly advised to consult with a qualified investment advisor before making any financial decisions.
