{"id":346743,"date":"2026-11-13T16:43:11","date_gmt":"2026-11-13T11:13:11","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=346743"},"modified":"2026-11-13T16:43:11","modified_gmt":"2026-11-13T11:13:11","slug":"sc-agrotech-bonus-issue-4-5-and-1-10-stock-split-upper-circuit-q2-profit-egm","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/sc-agrotech-bonus-issue-4-5-and-1-10-stock-split-upper-circuit-q2-profit-egm\/","title":{"rendered":"SC Agrotech Bonus Issue and Stock Split: 4:5 Bonus and 1:10 Split Proposed as the Stock Locks a 5% Upper Circuit at Rs 62.38, Q2 Profit Up 48 Times and What Shareholders Should Check Before the 11 December EGM"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Upper circuit 5% at Rs 62.38 (13 Nov 2026). 1:10 split and 4:5 bonus proposed. Q2 profit Rs 10.21 cr vs Rs 0.21 cr. EGM 11 Dec. PE 19.74 vs industry 56.69.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The board of SC Agrotech proposed a 1:10 stock split and a 4:5 bonus on 13 November 2026, and the shares closed in the 5% upper circuit at Rs 62.38. The split cuts the face value from Rs 10 to Re 1, and the bonus then adds four shares for every five held, so 100 shares would become 1,800. None of this changes the value of the business, and record dates are not yet fixed because shareholders vote on 11 December 2026. September quarter profit of Rs 10.21 crore is the real driver, but cash flow and the short track record remain open questions.<\/p>\n<\/p><\/div>\n<p>SC Agrotech bonus issue plans took concrete shape on 13 November 2026, when the board proposed a 1:10 stock split and a 4:5 bonus and SC Agrotech stock ended the day in the 5% upper circuit at Rs 62.38. The agri trading company had already gained about 34% from Rs 46.58 on 5 November, and it has now logged a run of upper circuits in a week. SC Agrotech stock also drew heavy volume on the day.<\/p>\n<p>This article explains the share math, the September quarter numbers behind the rally, valuation, ownership and the risks to weigh. Univest does not give buy or sell calls, so it sets out a framework and not a verdict. SC Agrotech shares are analysed here with both sides in view.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=sc-agrotech-bonus-issue\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/sc-agrotech-bonus-issue-4-5-and-1-10-stock-split-upper-circuit-q2-profit-egm\/#SC_Agrotech_Shares_Today_Key_Numbers_After_the_Upper_Circuit\" title=\"SC Agrotech Shares Today: Key Numbers After the Upper Circuit\">SC Agrotech Shares Today: Key Numbers After the Upper Circuit<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/sc-agrotech-bonus-issue-4-5-and-1-10-stock-split-upper-circuit-q2-profit-egm\/#What_the_Board_Proposed_on_13_November\" title=\"What the Board Proposed on 13 November\">What the Board Proposed on 13 November<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/sc-agrotech-bonus-issue-4-5-and-1-10-stock-split-upper-circuit-q2-profit-egm\/#SC_Agrotech_Bonus_Issue_and_Split_Math_What_100_Shares_Become\" title=\"SC Agrotech Bonus Issue and Split Math: What 100 Shares Become\">SC Agrotech Bonus Issue and Split Math: What 100 Shares Become<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/sc-agrotech-bonus-issue-4-5-and-1-10-stock-split-upper-circuit-q2-profit-egm\/#Q2_FY27_Results_Behind_the_Rally\" title=\"Q2 FY27 Results Behind the Rally\">Q2 FY27 Results Behind the Rally<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/sc-agrotech-bonus-issue-4-5-and-1-10-stock-split-upper-circuit-q2-profit-egm\/#Valuation_Cash_Flow_and_Ownership\" title=\"Valuation, Cash Flow and Ownership\">Valuation, Cash Flow and Ownership<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/sc-agrotech-bonus-issue-4-5-and-1-10-stock-split-upper-circuit-q2-profit-egm\/#Risks_Before_Acting_on_the_Corporate_Action\" title=\"Risks Before Acting on the Corporate Action\">Risks Before Acting on the Corporate Action<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/sc-agrotech-bonus-issue-4-5-and-1-10-stock-split-upper-circuit-q2-profit-egm\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/sc-agrotech-bonus-issue-4-5-and-1-10-stock-split-upper-circuit-q2-profit-egm\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/sc-agrotech-bonus-issue-4-5-and-1-10-stock-split-upper-circuit-q2-profit-egm\/#What_did_the_SC_Agrotech_board_approve_on_13_November_2026\" title=\"What did the SC Agrotech board approve on 13 November 2026?\">What did the SC Agrotech board approve on 13 November 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/sc-agrotech-bonus-issue-4-5-and-1-10-stock-split-upper-circuit-q2-profit-egm\/#How_many_shares_will_I_hold_after_the_split_and_bonus\" title=\"How many shares will I hold after the split and bonus?\">How many shares will I hold after the split and bonus?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/sc-agrotech-bonus-issue-4-5-and-1-10-stock-split-upper-circuit-q2-profit-egm\/#What_are_the_record_dates_for_the_SC_Agrotech_bonus_and_split\" title=\"What are the record dates for the SC Agrotech bonus and split?\">What are the record dates for the SC Agrotech bonus and split?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/sc-agrotech-bonus-issue-4-5-and-1-10-stock-split-upper-circuit-q2-profit-egm\/#Why_did_the_SC_Agrotech_share_price_hit_the_upper_circuit\" title=\"Why did the SC Agrotech share price hit the upper circuit?\">Why did the SC Agrotech share price hit the upper circuit?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/sc-agrotech-bonus-issue-4-5-and-1-10-stock-split-upper-circuit-q2-profit-egm\/#How_strong_are_the_SC_Agrotech_Q2_FY27_results\" title=\"How strong are the SC Agrotech Q2 FY27 results?\">How strong are the SC Agrotech Q2 FY27 results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/sc-agrotech-bonus-issue-4-5-and-1-10-stock-split-upper-circuit-q2-profit-egm\/#Is_the_SC_Agrotech_stock_expensive_after_the_rally\" title=\"Is the SC Agrotech stock expensive after the rally?\">Is the SC Agrotech stock expensive after the rally?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/sc-agrotech-bonus-issue-4-5-and-1-10-stock-split-upper-circuit-q2-profit-egm\/#What_are_the_main_risks_in_the_SC_Agrotech_stock\" title=\"What are the main risks in the SC Agrotech stock?\">What are the main risks in the SC Agrotech stock?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/sc-agrotech-bonus-issue-4-5-and-1-10-stock-split-upper-circuit-q2-profit-egm\/#Should_I_buy_sell_or_hold_SC_Agrotech_shares\" title=\"Should I buy, sell or hold SC Agrotech shares?\">Should I buy, sell or hold SC Agrotech shares?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"SC_Agrotech_Shares_Today_Key_Numbers_After_the_Upper_Circuit\"><\/span><strong>SC Agrotech Shares Today: Key Numbers After the Upper Circuit<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<thead>\n<tr>\n<th style=\"background:#1F4E79;color:#FFFFFF;text-align:left;\">Metric (13 Nov 2026)<\/th>\n<th style=\"background:#1F4E79;color:#FFFFFF;text-align:left;\">Value on BSE<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/scagro\/sc-agrotech-ltd-share-price-today\">Last price<\/a><\/td>\n<td>Rs 62.38, up 5.00%<\/td>\n<\/tr>\n<tr>\n<td>Previous close<\/td>\n<td>Rs 59.41<\/td>\n<\/tr>\n<tr>\n<td>Volume<\/td>\n<td>About 11.55 lakh shares<\/td>\n<\/tr>\n<tr>\n<td>Market capitalisation<\/td>\n<td>About Rs 474 crore, our own calculation on about 7.6 crore shares<\/td>\n<\/tr>\n<tr>\n<td>PE, trailing earnings<\/td>\n<td>19.74, against industry PE of 56.69<\/td>\n<\/tr>\n<tr>\n<td>Price to book value and return on equity<\/td>\n<td>3.28 times and 16.6%<\/td>\n<\/tr>\n<tr>\n<td>Debt to equity<\/td>\n<td>0.07<\/td>\n<\/tr>\n<tr>\n<td>Face value today<\/td>\n<td>Rs 10, proposed to fall to Re 1<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>SC Agrotech stock opened and traded at almost the same level through the session, which is typical of an upper circuit day where buyers outnumber sellers at the price limit. Such days show strong demand, but they also mean sellers who wanted out could not exit at that price.<\/p>\n<p>SC Agrotech shares are also well above where the corporate action was first flagged. They traded at Rs 46.58 on 5 November, when the board meeting agenda became public, and a data provider put the one-year gain near 159% at that time.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_the_Board_Proposed_on_13_November\"><\/span><strong>What the Board Proposed on 13 November<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<thead>\n<tr>\n<th style=\"background:#1F4E79;color:#FFFFFF;text-align:left;\">Item<\/th>\n<th style=\"background:#1F4E79;color:#FFFFFF;text-align:left;\">Proposal<\/th>\n<th style=\"background:#1F4E79;color:#FFFFFF;text-align:left;\">Status<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Stock split<\/td>\n<td>1:10, Rs 10 share becomes ten shares of Re 1<\/td>\n<td>Needs shareholder approval<\/td>\n<\/tr>\n<tr>\n<td>Bonus issue<\/td>\n<td>4:5 on the enlarged holding after the split<\/td>\n<td>Needs shareholder approval<\/td>\n<\/tr>\n<tr>\n<td>Authorised capital<\/td>\n<td>Increase of Rs 61 crore<\/td>\n<td>Needs shareholder approval<\/td>\n<\/tr>\n<tr>\n<td>Dividend<\/td>\n<td>Deferred to a later quarter<\/td>\n<td>Not declared<\/td>\n<\/tr>\n<tr>\n<td>Extraordinary general meeting<\/td>\n<td>11 December 2026<\/td>\n<td>Date set<\/td>\n<\/tr>\n<tr>\n<td>Record dates<\/td>\n<td>Not yet announced<\/td>\n<td>Pending<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Before the meeting the company had flagged a split of up to 1:10, a bonus of up to 4:5 and a dividend of up to 100% of face value. The final proposal kept the SC Agrotech split and bonus at the upper limits and dropped the dividend for now, which fits the weak cash position. SC Agrotech shares were already pricing in a large part of the proposal.<\/p>\n<p>The Rs 61 crore capital increase lines up with the bonus math. With about 7.6 crore shares of Rs 10 each, the SC Agrotech split gives 76 crore shares of Re 1, and a 4:5 bonus adds about 60.8 crore more, which is close to Rs 61 crore. That match is our own calculation and not a figure from the company. SC Agrotech bonus shares will come out of this enlarged capital base.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"SC_Agrotech_Bonus_Issue_and_Split_Math_What_100_Shares_Become\"><\/span><strong>SC Agrotech Bonus Issue and Split Math: What 100 Shares Become<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<thead>\n<tr>\n<th style=\"background:#1F4E79;color:#FFFFFF;text-align:left;\">Step<\/th>\n<th style=\"background:#1F4E79;color:#FFFFFF;text-align:left;\">Shares held<\/th>\n<th style=\"background:#1F4E79;color:#FFFFFF;text-align:left;\">Face value<\/th>\n<th style=\"background:#1F4E79;color:#FFFFFF;text-align:left;\">Theoretical price<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Today<\/td>\n<td>100<\/td>\n<td>Rs 10<\/td>\n<td>Rs 62.38<\/td>\n<\/tr>\n<tr>\n<td>After 1:10 split<\/td>\n<td>1,000<\/td>\n<td>Re 1<\/td>\n<td>About Rs 6.24<\/td>\n<\/tr>\n<tr>\n<td>After 4:5 bonus<\/td>\n<td>1,800<\/td>\n<td>Re 1<\/td>\n<td>About Rs 3.47<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The theoretical prices are our own calculations that divide the current price by the extra shares, and the real price will move with demand. A lower price per share can widen retail participation and improve liquidity, but it does not make the company any better value. The SC Agrotech share price will not simply divide by ten.<\/p>\n<p>Sequence matters. Because the SC Agrotech split comes before the bonus, the bonus is calculated on 1,000 shares and not on 100. If the order were reversed the share count would end in the same place, but the stated order is what the company has proposed. The SC Agrotech split therefore comes first in the proposed order.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Compare small-cap agri and trading stocks on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Q2_FY27_Results_Behind_the_Rally\"><\/span><strong>Q2 FY27 Results Behind the Rally<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<thead>\n<tr>\n<th style=\"background:#1F4E79;color:#FFFFFF;text-align:left;\">Consolidated metric<\/th>\n<th style=\"background:#1F4E79;color:#FFFFFF;text-align:left;\">Q2 FY27<\/th>\n<th style=\"background:#1F4E79;color:#FFFFFF;text-align:left;\">Q2 FY26<\/th>\n<th style=\"background:#1F4E79;color:#FFFFFF;text-align:left;\">Q1 FY27<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Revenue from operations<\/td>\n<td>Rs 45.25 crore<\/td>\n<td>Rs 5.01 crore<\/td>\n<td>Rs 37.85 crore<\/td>\n<\/tr>\n<tr>\n<td>Net profit<\/td>\n<td>Rs 10.21 crore<\/td>\n<td>Rs 0.21 crore<\/td>\n<td>Rs 9.55 crore<\/td>\n<\/tr>\n<tr>\n<td>Basic earnings per share<\/td>\n<td>Rs 1.34<\/td>\n<td>Rs 0.35<\/td>\n<td>Not stated<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Revenue is about nine times the year-ago level and profit is nearly 48 times, which explains the rally. Against the June quarter the rise is more modest, with revenue up 19.55% and profit up 6.91%, so the step change happened earlier in the year and the latest quarter shows continued growth rather than a new jump. SC Agrotech stock investors are paying for this growth already.<\/p>\n<p>The company is an agricultural trading business, reportedly across seeds, fertilisers, pesticides, contract farming and agro-processing. It launched a digital platform called AgriBridge on 4 November and has set up subsidiaries in agri-technology, mining and healthcare. The September quarter results exclude any income from that platform, and the subsidiaries have not started operating. SC Agrotech shares carry the risk that the new businesses stay small.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Valuation_Cash_Flow_and_Ownership\"><\/span><strong>Valuation, Cash Flow and Ownership<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<thead>\n<tr>\n<th style=\"background:#1F4E79;color:#FFFFFF;text-align:left;\">Measure<\/th>\n<th style=\"background:#1F4E79;color:#FFFFFF;text-align:left;\">Figure<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Trailing earnings per share<\/td>\n<td>Rs 3.01<\/td>\n<\/tr>\n<tr>\n<td>Book value per share<\/td>\n<td>Rs 18.13<\/td>\n<\/tr>\n<tr>\n<td>Operating cash flow, FY26<\/td>\n<td>Minus Rs 107.27 crore<\/td>\n<\/tr>\n<tr>\n<td>Promoter holding, Sept 2026<\/td>\n<td>None shown, 100% public<\/td>\n<\/tr>\n<tr>\n<td>Dividend history since 2000<\/td>\n<td>None, per exchange data aggregators<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>At about 19.7 times trailing earnings, SC Agrotech stock sits well below an industry multiple near 56.7, but trailing earnings per share of Rs 3.01 is lower than the latest quarter&#8217;s Rs 1.34 annualised would suggest, so the multiple will look different as new quarters replace old ones. Valuation is therefore a moving target. SC Agrotech stock may look better value than it is, because the profit base is new.<\/p>\n<p>Cash flow is the weaker area. Operating cash flow was negative by Rs 107.27 crore in FY26 as working capital expanded, which is why a dividend was hard to fund. The shareholding pattern shows no promoter category, and in March 2026 a small number of named public holders held between about 4.5% and 4.9% each. SC Agrotech share price gains need cash flow to follow.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Risks_Before_Acting_on_the_Corporate_Action\"><\/span><strong>Risks Before Acting on the Corporate Action<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The first risk in any SC Agrotech bonus issue is approval and timing. Nothing is final until shareholders vote on 11 December 2026, and the exchanges and regulators have their own steps, so record dates may shift. The second is earnings quality. Profit is new, the revenue base a year ago was tiny and no segment split has been disclosed. Any SC Agrotech split or bonus shares only arrive after that vote.<\/p>\n<p>The third is price. A stock that moved from Rs 46.58 to Rs 62.38 in about a week has already priced in much of the news, and corporate action rallies often fade after the ex-date. The fourth is liquidity. Small stocks that hit circuits can swing sharply when the limit lifts or a fresh seller appears.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<thead>\n<tr>\n<th style=\"background:#1F4E79;color:#FFFFFF;text-align:left;\">What to watch<\/th>\n<th style=\"background:#1F4E79;color:#FFFFFF;text-align:left;\">Why it matters<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Record date and ex-date announcements<\/td>\n<td>Decide who qualifies for the split and bonus<\/td>\n<\/tr>\n<tr>\n<td>11 December 2026 EGM outcome<\/td>\n<td>Gives the formal approval<\/td>\n<\/tr>\n<tr>\n<td>Next quarterly result<\/td>\n<td>Tests whether Rs 10 crore profit repeats<\/td>\n<\/tr>\n<tr>\n<td>Operating cash flow<\/td>\n<td>Shows whether profit turns into cash<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/indices\/sensex\/sensex-share-price-today\">Sensex trend<\/a><\/td>\n<td>Small caps tend to fall faster in a weak market<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track stocks and get price alerts.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The SC Agrotech split and bonus will make SC Agrotech stock look smaller on screen and widen the share count, but they do not change what the company earns. The real case rests on September quarter profit of Rs 10.21 crore, a plan that includes a new digital platform, and a cash flow record that is still negative. Decide on position size, a review date and an exit rule before acting.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_did_the_SC_Agrotech_board_approve_on_13_November_2026\"><\/span><strong>What did the SC Agrotech board approve on 13 November 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The board proposed a 1:10 subdivision of equity shares, which turns each Rs 10 share into ten shares of Re 1, followed by a 4:5 bonus issue on the enlarged holding. It also considered raising authorised share capital by Rs 61 crore. A dividend that was on the agenda was deferred to a later quarter, and the proposals need shareholder approval at an extraordinary general meeting on 11 December 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_many_shares_will_I_hold_after_the_split_and_bonus\"><\/span><strong>How many shares will I hold after the split and bonus?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> If the split happens first and the bonus follows, 100 shares become 1,000 after the split and 1,800 after the bonus, because 4:5 adds four new shares for every five held. That is 18 times the share count. It is not 18 times the value, since the market price adjusts for both actions, so the same holding is worth roughly the same amount on the adjustment day.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_record_dates_for_the_SC_Agrotech_bonus_and_split\"><\/span><strong>What are the record dates for the SC Agrotech bonus and split?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Record dates have not been announced in the filings we could verify. Both actions are subject to shareholder approval on 11 December 2026 and to regulatory steps, so the timetable can move. Watch the exchange announcements for the record date and ex-date, because you must hold the shares before the ex-date to qualify.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_did_the_SC_Agrotech_share_price_hit_the_upper_circuit\"><\/span><strong>Why did the SC Agrotech share price hit the upper circuit?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The stock rose 5% to Rs 62.38 from a previous close of Rs 59.41 on 13 November 2026, the limit for the stock on that day, with about 11.55 lakh shares traded. The move followed the corporate action proposals and a September quarter result in which profit rose from Rs 0.21 crore to Rs 10.21 crore. The stock also gained about 34% from Rs 46.58 on 5 November, our own calculation.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_strong_are_the_SC_Agrotech_Q2_FY27_results\"><\/span><strong>How strong are the SC Agrotech Q2 FY27 results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Consolidated revenue from operations was Rs 45.25 crore against Rs 5.01 crore a year earlier, and net profit was Rs 10.21 crore against Rs 0.21 crore. Compared with the June quarter, revenue rose about 19.6% and profit about 6.9%. The jump is large because the base was tiny, and the filings do not give a segment-wise revenue split.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_the_SC_Agrotech_stock_expensive_after_the_rally\"><\/span><strong>Is the SC Agrotech stock expensive after the rally?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> At about Rs 62 the stock trades at roughly 19.7 times trailing earnings against an industry multiple of about 56.7, and at 3.28 times book value. Return on equity is 16.6% and debt to equity is 0.07. The trailing earnings per share of Rs 3.01 does not yet capture the full September quarter profit, so the multiple can look different once more quarters are in.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_main_risks_in_the_SC_Agrotech_stock\"><\/span><strong>What are the main risks in the SC Agrotech stock?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The company&#8217;s operating cash flow was negative by Rs 107.27 crore in FY26 as working capital expanded, the shareholding is entirely public with no promoter category, and the business is small, with a market value near Rs 475 crore. Earnings are new and unproven over several quarters, and the new subsidiaries in agri-technology, mining and healthcare have not started operating.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_buy_sell_or_hold_SC_Agrotech_shares\"><\/span><strong>Should I buy, sell or hold SC Agrotech shares?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Univest does not give buy or sell calls. A split and bonus change the share count and not the value of the business, so the case rests on whether recent profit repeats and whether cash flow turns positive. Decide your position size, set a review date after the EGM and the next quarterly result, and avoid relying on a single circuit day.<\/p>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What did the SC Agrotech board approve on 13 November 2026?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The board proposed a 1:10 subdivision of equity shares, which turns each Rs 10 share into ten shares of Re 1, followed by a 4:5 bonus issue on the enlarged holding. It also considered raising authorised share capital by Rs 61 crore. 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A split and bonus change the share count and not the value of the business, so the case rests on whether recent profit repeats and whether cash flow turns positive. Decide your position size, set a review date after the EGM and the next quarterly result, and avoid relying on a single circuit day.\"}}]}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SC Agrotech bonus issue of 4:5 and a 1:10 stock split were proposed on 13 November 2026 as the stock hit the upper circuit. See the share math, Q2 profit and risks.<\/p>\n","protected":false},"author":38,"featured_media":346741,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[23672,23675,23676,23673,23674,6757],"class_list":["post-346743","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-sc-agrotech-bonus-issue","tag-sc-agrotech-bonus-shares","tag-sc-agrotech-q2-results","tag-sc-agrotech-share-price","tag-sc-agrotech-stock-split","tag-upper-circuit-stocks"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["346741"],"rank_math_title":["SC Agrotech Bonus Issue 4:5 and 1:10 Split: What to Know"],"rank_math_description":["SC Agrotech bonus issue of 4:5 and a 1:10 split were proposed on 13 November 2026. 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