we wish to inform you that the Board of Directors of the Company at its meeting held on Monday, July 14, 2025 has considered and approved inter alia the following matters:
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The Board of Directors of DMR Engineering Ltd (formerly DMR Hydroengineering & Infrastructures Ltd) met on July 14, 2025 and approved four key items. First, a final dividend of Rs. 0.13 per equity share has been recommended for FY ended March 31, 2025, pending shareholder approval. Second, the company will change its name from 'DMR Hydroengineering & Infrastructures Limited' to 'DMR Engineering Limited', subject to shareholder and statutory approvals. Third, bonus equity shares will be issued in a 5:8 ratio (8 new shares for every 5 existing shares held), also subject to shareholder and regulatory approvals. Fourth, the Annual General Meeting is scheduled for August 13, 2025 via video conferencing. The board meeting ran from 11:30 a.m. to 1:30 p.m.
The bonus issue in a 5:8 ratio is a significant capital action that will increase the share count and improve liquidity, though it is typically price-neutral on a per-share basis. The Rs. 0.13 dividend is modest. The name change is largely cosmetic and reflects a broader branding shift. Overall, no negative signals, but the bonus issue will dilute existing holdings proportionally.