Announced Sat, 29 Nov · 13:20 IST

Antariksh Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/12/2025 ,inter alia, to consider and approve Pursuant to provisions ....

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Awaiting price reaction for this filing.

AI summary

Antariksh Industries Ltd (Scrip Code: 501270) has informed BSE that its Board of Directors will meet on Wednesday, 3rd December 2025. The key item on the agenda is to consider a proposal for issuing bonus shares to public shareholders. This move is aimed at achieving compliance with the Minimum Public Shareholding (MPS) requirements mandated under Rule 19A of the Securities Contracts (Regulation) Rules, 1957, read with Regulation 38 of SEBI's LODR Regulations, 2015. The Board will also declare a record date for the purpose of this bonus issue. No ratio or details of the bonus shares have been disclosed yet.

Likely market impact

If approved, public shareholders will receive additional bonus shares, but this is primarily a regulatory compliance action to meet minimum public shareholding norms rather than a value-accretive bonus. The ratio and timing will determine any short-term price impact.