Health and confectionery products maker Sampre Nutritions announced on Saturday that its board has approved both a bonus issue and a stock split of equity shares.
At its board meeting held on September 19, the company cleared the proposal to subdivide one equity share of face value ₹10 into two shares of ₹5 each. Additionally, it approved a 1:1 bonus issue, granting one bonus equity share of ₹5 for every fully paid-up share of ₹5 held.
The company noted it had free reserves of ₹59.86 crore in its securities premium account as of March 31, 2025, while the bonus issue will require ₹21.55 crore.
Recently, Sampre signed a strategic agreement with Nigeria-based Tolaram Wellness to manufacture and supply nutraceutical and food products, with a revenue potential of up to ₹30 crore. It has also entered into a three-year manufacturing partnership with Rama Exports for nutraceutical and food products.
