Please find the attached copy of Intimation under Regulation 30 of SEBI(LODR) Regulation 2015 for Consideration and Approval of Bonus issue by the Board of Directors of the Company subject ....
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The Board of Directors of Autoriders International Ltd, at its meeting held on September 29, 2025, approved the issuance of bonus equity shares in a ratio of 5:1, meaning 5 new fully paid equity shares for every 1 existing share held. A total of approximately 29,00,700 bonus shares will be issued, increasing the paid-up equity capital from Rs. 58,01,400 (5,80,140 shares) to around Rs. 3,48,08,400 (34,80,840 shares) of face value Rs. 10 each. The bonus will be funded by capitalising about Rs. 8.90 crore from the company's Securities Premium account, which stood at Rs. 8.90 crore as on March 31, 2025, alongside retained earnings of about Rs. 40.05 crore. The issue is subject to shareholder approval, and the bonus shares are expected to be credited or dispatched within 2 months from the date of Board approval.
This is a highly generous bonus issue (5:1) which will significantly increase the share count and improve liquidity, but it will dilute earnings per share proportionately. Existing shareholders will see their shareholding multiply six-fold, though the share price typically adjusts downward on the ex-bonus date to reflect the increased share base.