Bonus Allotment
Price
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Autoriders International Ltd has allotted 29,00,700 bonus equity shares of Rs. 10 face value to eligible shareholders. The bonus issue ratio is 5:1, meaning 5 new shares for every 1 share held. The company's paid-up equity capital rises from Rs. 58.01 lakh (5,80,140 shares) to Rs. 3.48 crore (34,80,840 shares), a six-fold increase. The bonus was approved by the Board on September 29, 2025, and by shareholders via postal ballot on November 7, 2025. The new shares rank pari-passu with existing shares and qualify for future dividends and corporate benefits.
The stock price will adjust downward on an ex-bonus basis by roughly 1/6th to reflect the increased share count, so short-term technical pressure is expected. For shareholders, total value is unchanged on day one, but the bonus signals confidence in future earnings and improves share liquidity and affordability.