Synopsis
Shares of V Marc India were adjusted on Tuesday for a 5:1 bonus issue. The stock appeared to fall significantly due to this adjustment. In fact, the share price saw a notable increase after accounting for the bonus shares. This free allocation of shares constitutes the first distribution of free shares of the company. Ace investor Ashish Kacholia owns a substantial stake in the cable maker.
ETMarkets.comV Marc India announced in May that its board of directors had considered and approved the proposed issue of bonus shares in a ratio of 5:1. Wire Stocks and Cableman V Marc India went ex-bonus on Tuesday, making it appear as if the stock backed by star investor Ashish Kacholia crashed 81% in a single day when in reality it was only adjusted for the 5:1 bonus issue.
Shares of V Marc India opened at Rs 291.50 apiece on NSE, significantly lower than Monday’s closing price of Rs 1,568.30 apiece. However, the decrease is only due to the adjustment of bonus shares and does not reflect any loss of shareholder value.
The stock gained over 16% to trade at Rs 303.45 a piece after adjusting for the bonus issue, as seen at 11:30 am.
Everything you need to know about the V Marc India bonus showV Marc India announced in May that its board of directors had reviewed and approved the proposed issue free actions in a ratio of 5:1. This means that an eligible shareholder will receive 5 new bonus shares of a face value of Rs 10 each, for every share held in the company on the record date, which has been fixed as July 7.
THE cable The manufacturer proposed to issue 12.21 crore shares from its available free reserves or share premium as on March 31, 2026, which stood at over Rs 143 crore. “The free issue will be implemented within a period of two months from the date of its board meeting in which the decision to announce the free issue was taken subject to the approval of the shareholders by postal vote,” the company had said.
This is the company’s first-ever bonus issue. A bonus award consists of free shares distributed by a company from its reserves and is often seen as a sign of good financial health and growth prospects. While the issuance of free shares increases the total number of shares outstanding, it does not change the market capitalization of the company. However, it can improve liquidity and affordability, allowing more investors to add the company’s shares to their portfolio.
Read also | Bonus problem alert! This multibagger action backed by Ashish Kacholia will reward shareholders with a 5:1 bonus issue. Are you an owner?
Shareholding of V Marc IndiaAce Investor Ashish Kacholia held 2.71 per cent stake in V Marc India, according to the company’s shareholding distribution data as on March 31, 2026. At the previous closing price of Rs 1,546.35 apiece on NSE, its total stake in the company would be worth over Rs 102 crore.
At the end of the 2026 financial year, approximately 2,331 individual shareholders held nearly 14% of the company’s capital. Promoters and promoters held nearly 65% of the capital.
V Marc India share priceShares V Marc India have jumped about 133% in 2026 so far. Over the longer term, the cable maker’s shares have generated exceptional returns of 277% in one year, 1,867% in three years and 4,559% in five years.
The stock gained around 1.5% in a week and almost 4% in a month. The company had a market capitalization of nearly Rs 3,834 crore at the end of Monday’s trading session.
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