Upsurge Seeds has approved a bonus issue in a 3:7 ratio, meaning 3 new shares for every 7 held.

This will increase the company's paid-up capital from Rs. 7.06 Cr to Rs. 10.09 Cr, utilizing Rs. 3.03 Cr from reserves.

The record date for eligibility will be announced soon.

This move typically aims to reward existing shareholders and can enhance share liquidity and market participation.