StockWatch
·
E-Retail/ E-Commerce
Bonus16 Feb 2026, 12:58 pm

Macfos Ltd Receives In-Principal Approval for Bonus Equity Shares Issue

AI Summary

Macfos Ltd has received in-principal approval for the issue and allotment of Proposed Bonus Equity Shares to the shareholders. The approval is subject to the company fulfilling certain conditions such as shareholder approval, submission of listing application form, payment of additional listing fees, and compliance with guidelines issued by SEBI, RBI, MCA, and other statutory authorities. The allotment of equity shares will only be made in dematerialized form. The Exchange reserves the right to withdraw its in-principal approval at any later stage if the information submitted is found to be incomplete, incorrect, misleading, false, or for any contravention of Rules, Bye-laws and Regulations of the Exchange.

Key Highlights

  • Macfos Ltd receives in-principal approval for bonus equity shares issue
  • Subject to shareholder approval and compliance with guidelines from SEBI, RBI, MCA, and other statutory authorities
  • Allotment of equity shares will only be made in dematerialized form
  • The approval is valid up to the time specified in 295(1) of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018
  • The Exchange reserves the right to withdraw its in-principal approval at any later stage if the information submitted is found to be incomplete, incorrect, misleading, false, or for any contravention of Rules, Bye-laws and Regulations of the Exchange