Gee Limited has intimated the stock exchange that the company has fixed Friday, October 03, 2025 as the Record Date for determining the eligible shareholders for allotment of Bonus Shares.
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Gee Limited has fixed Friday, October 3, 2025 as the record date to identify shareholders eligible for a bonus issue of 1 new equity share for every 1 existing share held. The bonus shares will have the same face value of INR 2 each. The issue is subject to shareholder approval at the 64th Annual General Meeting scheduled for September 26, 2025. The deemed allotment date is October 6, 2025, with the bonus shares expected to start trading on October 7, 2025. Shareholders holding shares in physical form must dematerialize them before the record date to receive the bonus shares in their demat accounts.
Eligible shareholders will see their shareholding double after the record date, with the stock price expected to adjust downward proportionally on ex-date, keeping overall value unchanged. The bonus signals management confidence and may improve share liquidity and retail participation.