Bonus24 Sept 2026, 09:55 pm
Maestros Electronics Fixes Oct 1 Record Date for 1:1 Bonus Issue
AI Summary
Maestros Electronics & Telecommunications Systems Ltd has fixed October 1, 2026, as the record date for its 1:1 bonus share issuance. The company's Board of Directors had previously recommended this bonus issue, with shareholders approving it at the AGM on September 23, 2026. A total of 55,10,237 equity shares will be allotted on October 5, 2026, and will be available for trading from October 6, 2026. This move aims to reward shareholders and potentially increase the company's market capitalization.
Key Highlights
- Company announces 1:1 bonus share issue.
- Record date set for October 1, 2026.
- Shareholder approval obtained at AGM on September 23, 2026.
- 55,10,237 bonus shares to be allotted.
- Trading of bonus shares to commence October 6, 2026.
Price Impact
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