The Board of Directors in its meeting held on Wednesday, May 27, 2026, has allotted 44,45,884 fully paid-up Bonus Equity Shares, in the proportion of 1:10 i.e., 1 equity share of ? 2/- ....
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F Mec International Financial Services Ltd has allotted 44,45,884 fully paid-up bonus equity shares in the ratio of 1:10, meaning 1 new equity share of ₹2 each for every 10 existing shares held. The record date was May 26, 2026. The company's paid-up equity share capital increased from ₹8,89,17,680 (4,44,58,840 shares) to ₹9,78,09,448 (4,89,04,724 shares). The new bonus shares will rank equally with existing shares in all respects.
Bonus issues increase the number of shares outstanding proportionally, diluting per-share metrics like EPS but providing existing shareholders with additional shares at no cost. This announcement is generally positive for shareholder wealth as it rewards long-term holders.