Macfos Limited (ROBU) has received unanimous shareholder approval for a 1:10 bonus share issue, with record date fixed at March 10, 2026, board allotment on March 11, and trading commencement on March 12, 2026, capitalizing ₹94.16 lakh from securities premium account amid Q3FY26 revenue up 72% to ₹78.89 crore and PAT +103% to ₹5.63 crore.
Macfos Bonus Shares – Complete Timeline
|
Event |
Date |
|
Postal Ballot Approval |
February 28, 2026 (100% votes in favor) |
|
Record Date |
March 10, 2026 (Tuesday) |
|
Board Allotment Meeting |
March 11, 2026 (Wednesday) |
|
Bonus Shares Trading |
March 12, 2026 (Thursday) |
|
Bonus Ratio |
1:10 (1 bonus share for every 10 held) |
|
Capitalization |
₹94,16,820 from Securities Premium |
Eligibility: Hold shares before March 10 market close. Ex-bonus trading starts March 10 morning.
Strong Q3FY26 Results Trigger Bonus
Financial Performance (Q3 FY26 vs Q3 FY25):
- Revenue: ₹78.89 Cr (+72%) vs ₹45.80 Cr
- Net Profit: ₹5.63 Cr (+103%) vs ₹2.76 Cr
- Order Volume: 1,30,850 (+31%) vs 99,566
- Avg Order Value: ₹6,029 (+31%) vs ₹4,600
E-commerce momentum: Macfos operates B2B e-commerce platform for industrial products, showing consistent growth trajectory supporting shareholder reward.
Shareholder Voting Results
|
Parameter |
Details |
|
Participation |
69.38% of shareholders |
|
Votes in Favor |
6,533,050 (100%) |
|
Votes Against |
0 |
|
Scrutinizer |
CS Vipin Zavar (CZ & Associates LLP) |
|
Postal Ballot Closed |
February 28, 2026 |
Unanimous approval demonstrates strong promoter + institutional confidence in growth trajectory.
Strengths of Macfos Bonus Issue
-
1:10 ratio significantly boosts free float and liquidity.
- Q3FY26 PAT +103% justifies strong cash generation for bonus.
- 100% shareholder approval shows aligned interests.
- E-commerce B2B model with 31% order volume growth.
- Securities premium capitalization preserves cash reserves.
Risks Around Macfos Bonus
-
Ex-bonus price adjustment may lead to short-term technical correction.
- High expectations post strong Q3; Q4 execution critical.
- E-commerce competition intense from global/Indian platforms.
- Working capital intensity in B2B model can pressure margins.
- Post-bonus dilution slightly impacts EPS (though nominal).
FAQs :-
1. What is the bonus ratio and record date for Macfos shares?
1:10 ratio – get 1 bonus share for every 10 held. Record date: March 10, 2026. Ex-bonus trading starts March 10 morning.
2. When will Macfos bonus shares start trading?
March 12, 2026 (Thursday) after board allotment on March 11, 2026. Bonus shares credited directly to demat accounts.
3. How was the bonus issue approved?
Postal ballot concluded February 28, 2026 with 100% votes in favor (6,533,050 votes). 69.38% shareholder participation.
4. What are Macfos Q3FY26 results that triggered bonus?
Revenue +72% to ₹78.89 Cr, PAT +103% to ₹5.63 Cr. Order volume +31%, average order value +31%.
5. Will bonus shares rank pari passu with existing shares?
Yes – bonus shares carry same rights as existing equity shares including voting, dividends, and future bonuses.
6. How to qualify for Macfos bonus shares?
Hold shares before March 10, 2026 market close. Buy by March 9 T+1 settlement to be eligible on record date.
7. What is the source of funds for Macfos bonus issue?
₹94,16,820 capitalized from Securities Premium Account – standard practice preserving cash reserves.
