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 DMR Hydroengineering & Infrastructures Limited, at its July 14, 2025 meeting, approved a bonus issue in the ratio of 5:8 — meaning 8 new fully paid-up equity shares for every 5 held. This translates into 63,82,216 bonus shares worth about Rs. 6.38 crore, to be funded from securities premium and free reserves (Rs. 1.59 crore available as of March 31, 2025). The company's paid-up share capital will expand from Rs. 3.99 crore (39,88,885 shares) to Rs. 10.37 crore (1,03,71,101 shares), subject to shareholder approval at the upcoming AGM and expected to be implemented within two months. The board also approved re-appointment of promoter Subhash Chander Mittal as Managing Director (5 years from December 20, 2025) and as Chairman, re-appointment of Neelam Mittal as Whole-time Director (5 years from September 30, 2025), redesignation of Krishan Kumar Gupta from Whole-time Director to Non-executive Director, and retirement of director Bangam Prasad Rao who was not recommended for re-appointment.
The bonus issue rewards existing shareholders and improves share liquidity, though it does not change the company's underlying value and the share price is expected to adjust downward on the ex-date. Leadership continuity is preserved with the promoter family firmly at the helm, which is generally seen as a stability signal for retail investors.