Utssav CZ Gold Jewels Bonus Issue: Utssav CZ Gold Jewels Limited has announced a proposed 1:1 bonus share issue, bringing fresh attention to the SME jewellery stock. The company’s board approved the proposal on October 23, 2026, subject to the necessary approvals. Meanwhile, the stock has delivered strong returns, rising approximately 55% in one month and more than 354% so far in 2026.
Utssav CZ Gold Jewels Approves 1:1 Bonus Shares
The board of directors of Utssav CZ Gold Jewels approved the proposed bonus issue at its meeting held on Friday, October 23.
Under the proposal, eligible shareholders will receive one additional equity share for every existing share held. Each bonus share will have a face value of ₹10.
However, shareholders will need to wait for further announcements. The company has not yet declared the record date, which will be announced after the required approvals are obtained.
According to the company’s filing with the BSE, the proposed corporate action involves issuing 2,49,98,000 bonus shares.
How Will the Bonus Issue Affect Share Capital?
If the proposal receives the necessary approvals, the company’s paid-up equity share capital will double.
Here are the key details:
- Bonus ratio: 1:1
- Face value per share: ₹10
- Proposed bonus shares: 2,49,98,000
- Existing paid-up equity capital: ₹24.998 crore
- Paid-up equity capital after the issue: ₹49.996 crore
- Record date: Yet to be announced
In simple terms, an eligible shareholder holding 100 shares before the bonus issue would receive 100 additional shares, taking the total holding to 200 shares.
However, a bonus issue does not automatically increase the total market value of an investor’s holdings. The share price generally adjusts after the bonus shares are credited, depending on market conditions and other factors.
Company Plans to Increase Authorised Share Capital
Alongside the bonus issue, the board has approved a proposal to increase the company’s authorised share capital from ₹24.998 crore to ₹60 crore.
Following the proposed increase, the authorised capital will be divided into six crore equity shares with a face value of ₹10 each.
This move would expand the company’s authorised capital structure and provide greater flexibility for potential future capital requirements, subject to applicable approvals.
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Utssav CZ Gold Jewels Share Price Performance
The company’s shares have attracted considerable market attention following their recent rally.
On Friday, October 23, 2026, Utssav CZ Gold Jewels closed marginally lower at ₹1,013 per share on the NSE.
Despite the slight decline in the latest session, the stock has recorded substantial gains across different time periods.
- One-month return: 55.07%
- Year-to-date return: 354.46%
- One-year return: 412.91%
These figures highlight the stock’s sharp upward movement. Nevertheless, past returns do not guarantee future performance, and SME stocks can experience significant price fluctuations.
What Should Investors Watch Next?
Investors will be watching for the official record date and updates on the approvals required to complete the bonus issue.
Until then, the proposal should not be treated as a completed corporate action. Shareholders should also remember that bonus shares increase the number of shares held, but they do not, by themselves, create additional investment value.
The stock’s recent rally may attract further attention, yet investors should assess the company’s financial performance, valuation, liquidity and risk profile before making investment decisions.
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Disclaimer: This article is for informational and educational purposes only. It is not investment advice or a recommendation to buy or sell any security. Investors should verify corporate announcements through official exchange filings before making financial decisions.
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