Bonus7 Jul 2025, 09:14 am
Sharda Motor Industries Announces 1:1 Bonus Share Allotment
AI Summary
Sharda Motor Industries Ltd has announced the allotment of 2,87,03,853 fully paid-up Bonus Equity Shares in a 1:1 ratio, i.e., 1 new Bonus Equity Share for every 1 existing Equity Share. The record date for this allotment is July 04, 2025. The paid-up Equity Share Capital of the Company stands increased from 5,74,07,706/- to 11,48,15,412/-. The Bonus Equity Shares will rank pari-passu with the existing equity shares, carrying the same rights including dividends and other corporate benefits.
Key Highlights
- Sharda Motor Industries announces 1:1 Bonus Share allotment
- 2,87,03,853 new Bonus Equity Shares to be allotted
- Record date set as July 04, 2025
- Paid-up Equity Share Capital increases from 5,74,07,706/- to 11,48,15,412/-
- Bonus Equity Shares to rank pari-passu with existing equity shares