Outcome of Circular Resolution passed by Board of Directors of the Company by circulation on April 6, 2026

Bonus Above 1to1Corporate Actions View source PDF

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AI summary

B2B Software Technologies Limited's Board of Directors has approved the allotment of 57,92,700 Bonus Equity Shares through a circular resolution dated April 6, 2026. Each bonus share has a face value of Rs.10/-. The new shares will rank equally with existing equity shares in all respects, including dividend entitlements and voting powers. This corporate action increases the total number of shares outstanding without any cash outflow from shareholders. The company is headquartered in Hyderabad and operates under CIN L72200TG1994PLC018351.

Likely market impact

Existing shareholders will receive additional shares for free, which increases their holding quantity but typically results in a proportional price adjustment per share. This bonus issue indicates the company's confidence in its financial strength and rewards shareholder loyalty without requiring capital from investors.