Aastha Spintex approves 1:1 bonus issue, dividend and move into fabrics
Recently listed textile maker Aastha Spintex has approved a 1:1 bonus issue, proposed a FY26 final dividend of Re 0.10 per share and plans to raise authorised share capital to Rs 100 crore. The company is also expanding beyond yarn into fabric manufacturing to increase value addition.
Aastha Spintex approved a 1:1 bonus issue, proposed a FY26 final dividend and plans to raise authorised capital to Rs 100 crore. The Indian textile maker is also expanding from yarn into fabric to increase value addition.
Why this matters
Aastha Spintex’s fabric plan follows its recent evaluation of grey and value-added fabrics under an in-house brand, extending its shift from yarn into higher-value textile products.
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