Bizotic Commercial
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Bizotic Commercial's board approved a 5:1 bonus issue, rewarding shareholders with five new equity shares for every one held. The bonus will be funded from the securities premium account and free reserves, and the record date is yet to be fixed. The company's authorized share capital was also raised to ₹57.86 crore to accommodate the enlarged share count. The board simultaneously approved the annual report, AGM on 1 August, and re-appointments including Managing Director Sanjaykumar Gupta, along with new statutory and internal auditors. The bonus issue remains subject to shareholder approval at the AGM.
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Bizotic Commercial's board approved a 5:1 bonus issue, rewarding shareholders with five new equity shares for every one held. The bonus will be funded from the securities premium account and free reserves, and the record date is yet to be fixed. The company's authorized share capital was also raised to ₹57.86 crore to accommodate the enlarged share count. The board simultaneously approved the annual report, AGM on 1 August, and re-appointments including Managing Director Sanjaykumar Gupta, along with new statutory and internal auditors. The bonus issue remains subject to shareholder approval at the AGM.
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July 2 (Reuters) - Bizotic Commercial Ltd BIZO.BO:
BIZOTIC COMMERCIAL - APPROVES RE-APPOINTMENT OF SANJAYKUMAR MAHAVIRPRASAD GUPTA AS MANAGING DIRECTOR
BIZOTIC COMMERCIAL - TO ISSUE BONUS SHARES IN PROPORTION OF 5 FOR EVERY SHARE HELD
Source text: ID:nBSE1DBff7
Further company coverage: BIZO.BO
(([email protected];))
July 2 (Reuters) - Bizotic Commercial Ltd BIZO.BO:
BIZOTIC COMMERCIAL - APPROVES RE-APPOINTMENT OF SANJAYKUMAR MAHAVIRPRASAD GUPTA AS MANAGING DIRECTOR
BIZOTIC COMMERCIAL - TO ISSUE BONUS SHARES IN PROPORTION OF 5 FOR EVERY SHARE HELD
Source text: ID:nBSE1DBff7
Further company coverage: BIZO.BO
(([email protected];))
Bizotic Commercial said its board will meet on June 25 to consider a bonus issue of equity shares to existing shareholders. The proposal, if approved, would increase the number of shares in circulation without raising additional capital. Bonus issues are typically viewed as a positive signal by management about the company's earnings outlook and cash position. The company, with a market cap of around ₹704 crore, has not indicated the bonus ratio or record date yet. The outcome of the board meeting will be disclosed separately.
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Bizotic Commercial said its board will meet on June 25 to consider a bonus issue of equity shares to existing shareholders. The proposal, if approved, would increase the number of shares in circulation without raising additional capital. Bonus issues are typically viewed as a positive signal by management about the company's earnings outlook and cash position. The company, with a market cap of around ₹704 crore, has not indicated the bonus ratio or record date yet. The outcome of the board meeting will be disclosed separately.
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May 7 (Reuters) - Bizotic Commercial Ltd BIZO.BO:
BIZOTIC COMMERCIAL LTD - APPOINTED DIPAK HARIPRASAD DAVE AS CHIEF FINANCIAL OFFICER
Source text: ID:nBSE2YHsyQ
Further company coverage: BIZO.BO
(([email protected];))
May 7 (Reuters) - Bizotic Commercial Ltd BIZO.BO:
BIZOTIC COMMERCIAL LTD - APPOINTED DIPAK HARIPRASAD DAVE AS CHIEF FINANCIAL OFFICER
Source text: ID:nBSE2YHsyQ
Further company coverage: BIZO.BO
(([email protected];))
Feb 13 (Reuters) - Bizotic Commercial Ltd BIZO.BO:
BIZOTIC COMMERCIAL LTD - INDERPREET KAUR GULATI RESIGNS AS CFO AND EXECUTIVE DIRECTOR
Source text: ID:nBSEbfZQZ7
Further company coverage: BIZO.BO
(([email protected];))
Feb 13 (Reuters) - Bizotic Commercial Ltd BIZO.BO:
BIZOTIC COMMERCIAL LTD - INDERPREET KAUR GULATI RESIGNS AS CFO AND EXECUTIVE DIRECTOR
Source text: ID:nBSEbfZQZ7
Further company coverage: BIZO.BO
(([email protected];))
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Popular questions
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What does Bizotic Commercial do?
Bizotic Commercial Limited specializes in manufacturing and marketing men's readymade garments such as Formal Wear, Casual Wear, Sportswear, and Ethnic Wear through collaboration with third-party contractors.
Who are the competitors of Bizotic Commercial?
Bizotic Commercial major competitors are Blue Pearl Agriven., Credo Brands Mktg, Shiv Aum Steels, Vasa Denticity, Oswal Agro Mills, Omax Autos, Black Rose Inds.. Market Cap of Bizotic Commercial is ₹585 Crs. While the median market cap of its peers are ₹539 Crs.
Is Bizotic Commercial financially stable compared to its competitors?
Bizotic Commercial seems to be less financially stable compared to its competitors. Altman Z score of Bizotic Commercial is 6.38 and is ranked 6 out of its 8 competitors.
Does Bizotic Commercial pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Bizotic Commercial latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Bizotic Commercial allocated its funds?
Companies resources are allocated to majorly unproductive assets like Accounts Receivable
How strong is Bizotic Commercial balance sheet?
Balance sheet of Bizotic Commercial is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Bizotic Commercial improving?
Yes, profit is increasing. The profit of Bizotic Commercial is ₹18.09 Crs for Mar 2026, ₹4.29 Crs for Mar 2025 and ₹3.08 Crs for Mar 2024
Is the debt of Bizotic Commercial increasing or decreasing?
The net debt of Bizotic Commercial is decreasing. Latest net debt of Bizotic Commercial is ₹1.44 Crs as of Mar-26. This is less than Mar-25 when it was ₹2.1 Crs.
Is Bizotic Commercial stock expensive?
Bizotic Commercial is not expensive. Latest PE of Bizotic Commercial is 32.34, while 3 year average PE is 65.55. Also latest EV/EBITDA of Bizotic Commercial is 17.73 while 3yr average is 48.06.
Has the share price of Bizotic Commercial grown faster than its competition?
Bizotic Commercial has given better returns compared to its competitors. Bizotic Commercial has grown at ~249.7% over the last 2yrs while peers have grown at a median rate of -3.81%
Is the promoter bullish about Bizotic Commercial?
Promoters seem to be bullish about the company. Latest quarter promoter holding is 74.98% and last quarter promoter holding is 74.28%.
Are mutual funds buying/selling Bizotic Commercial?
There is Insufficient data to gauge this.