Bonus5 Oct 2026, 10:09 am
Maestros Electronics Allots 55.1 Lakh Bonus Shares
AI Summary
Maestros Electronics & Telecommunications Systems Ltd announced the allotment of 55,10,237 fully paid-up Bonus Equity shares of Rs. 10 each, in a 1:1 ratio. This allotment doubles the company's paid-up equity share capital from Rs. 5,51,02,370 to Rs. 11,02,04,740. The bonus shares will rank pari-passu with existing equity shares. The record date for this allotment was October 1, 2026.
Key Highlights
- Board approved allotment of 55.1 Lakh bonus equity shares.
- Bonus ratio is 1:1, doubling existing share count.
- Paid-up capital increased from Rs. 5.51 Cr to Rs. 11.02 Cr.
- Bonus shares rank pari-passu with existing equity.
- Record date set as October 1, 2026.
Price Impact
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