Intimation of Record date of Bonus issue
INVPRECQ · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Investment & Precision Castings Ltd has fixed Friday, 27 June 2025 as the record date to determine shareholders eligible for its upcoming bonus issue. The company will issue bonus shares in a 1:1 ratio, meaning every shareholder will receive one additional equity share of Rs. 10 each for every one share they already hold. This effectively doubles the number of shares held by eligible shareholders. The bonus issue was approved by shareholders through an Extraordinary General Meeting held around 13 June 2025. The shares trade on BSE under scrip code 504786.
Shareholders holding shares as of 27 June 2025 will see their share count double, though the stock price typically adjusts downward proportionally on the ex-date, so the overall value of the holding usually remains unchanged in the short term. A 1:1 bonus is a sign of management confidence and improves share liquidity by lowering the per-share price.