Bonus28 Feb 2026, 03:31 pm
R M Drip and Sprinklers Systems Ltd Approves Bonus Equity Shares Issue and Increases Authorised Share Capital
AI Summary
R M Drip and Sprinklers Systems Ltd announced that the Board of Directors approved the issuance of bonus equity shares in the ratio of 5:7 and the increase in the Authorised Share Capital from Rs.31,50,00,000/- to Rs.50,00,00,000/-. The Record Date for determining the entitlement of Members to receive the aforesaid Bonus Equity Shares is 07 April 2026.
Key Highlights
- Approval of bonus equity shares issuance in the ratio of 5:7
- Increase in the Authorised Share Capital from Rs.31,50,00,000/- to Rs.50,00,00,000/-
- Record Date for entitlement of Members set to 07 April 2026
- Requirement of Members' approval through Postal Ballot
- Subject to receipt of requisite statutory and regulatory approvals