StockWatch
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Other Electrical Equipment
Bonus13 Jul 2026, 09:29 am

Hindusthan Insulators Allots 1.44 Cr Bonus Shares in 2:1 Ratio

AI Summary

Hindusthan Insulators & Industries Limited announced the allotment of 1,44,28,850 fully paid-up Bonus Equity Shares. The allotment was made in a ratio of 2:1, meaning two new bonus shares for every one existing equity share held as of the record date, July 10, 2026. This corporate action increases the company's paid-up equity share capital. The bonus shares will rank pari-passu with existing equity shares, carrying the same rights including future dividends. The board meeting to approve this allotment was brief, commencing at 9:15 AM and concluding at 9:22 AM on July 13, 2026.

Key Highlights

  • Board approved allotment of 1,44,28,850 bonus equity shares.
  • Bonus shares issued in a 2:1 ratio to existing shareholders.
  • Record date for bonus share entitlement was July 10, 2026.
  • Paid-up equity share capital of the company has increased.
  • Bonus shares carry same rights as existing equity shares.