R M Drip and Sprinklers Systems Ltd Approves Bonus Equity Shares Issue Ratio of 5:7

R M Drip and Sprinklers Systems Limited held a Board of Directors meeting on 28th February 2026, where they approved several matters. The key approval was the issuance of bonus equity shares in the ratio of 5:7, i.e., 5 new fully paid-up Equity Shares of Rs.1/- each for every 7 existing fully paid-up Equity Shares of Rs.1/- each, held by the Members of the Company as on the Record Date. The Record Date for determining the entitlement of Members to receive the aforesaid Bonus Equity Shares is 7th April 2026. The company also approved the increase in the Authorised Share Capital from Rs.31,50,00,000/- to Rs.50,00,00,000/- and sought consent of the Members for the same through the Postal Ballot process.