Record Date for Bonus-March 6,2026.
FRONTSP · price
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Frontier Springs Ltd has fixed Friday, March 6, 2026 as the record date for a bonus issue of equity shares in the ratio of 2:1. This means shareholders on the record date will receive 2 new fully paid-up equity shares of Rs. 10 face value for every 1 existing share held. The bonus shares are expected to be allotted on March 9, 2026 and become available for trading from March 10, 2026, subject to shareholder approval. Shareholders holding physical shares have been advised to demat their holdings before the record date, or else the bonus shares will be moved to a suspense account.
The bonus issue will increase the total share count by roughly 3x but proportionally reduces the per-share price, so the overall investment value remains unchanged on day one. However, bonus issues are generally viewed positively by the market as a signal of management confidence in future earnings.