The Company has fixed July 31, 2025 as the record date.
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Abate As Industries Ltd has fixed Thursday, July 31, 2025 as the record date to identify shareholders eligible for a bonus issue. The company will issue 1 new fully paid-up equity share for every 1 existing share held (1:1 ratio). A total of 7,88,03,228 bonus shares of Rs. 10 each will be allotted. The deemed date of allotment is Friday, August 1, 2025. Investors who hold the stock by the record date will receive the bonus shares.
Shareholders on record as of July 31, 2025 will see their share count double, though the share price typically adjusts downward proportionally, so the overall value of holdings usually remains unchanged in the short term. This signals confidence from the company in its financial position.