Iris Clothings Limited has informed the Exchange that Record date for the purpose of Bonus is 04-Jul-2025.
IRISDOREME · price
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On the reaction day the stock moved 2.0 pts more than Nifty Microcap 250 and 2.4 pts more than its Garments & Apparels peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Iris Clothings Limited has fixed Friday, 4 July 2025 as the record date to determine shareholders eligible for its bonus issue of equity shares in the ratio of 1:1 (one bonus share for every one held). The bonus shares will have a face value of Rs. 2 each, matching the existing equity share face value. The issue was originally recommended by the Board on 15 May 2025 and has now been approved by shareholders through a Postal Ballot concluded on 25 June 2025. Eligible shareholders holding shares as of 4 July 2025 will receive the bonus shares credited to their accounts.
Shareholders holding Iris Clothings shares on or before 4 July 2025 will receive additional shares on a 1:1 basis, effectively doubling their shareholding quantity. While the company's market capitalisation and per-share value adjust accordingly, a 1:1 bonus is generally viewed positively as it signals management confidence and improves share liquidity.