Issue of bonus shares in the ratio of 1:10 i.e., 1(One) new fully paid-up equity share of ? 1/- (Rupee One Only) each for every 10 (Ten) existing fully paid-up equity share of ? 1/- (Rupee ....
Awaiting price reaction for this filing.
Murae Organisor Limited's Board, at a meeting held on June 18, 2025, has recommended issuing bonus shares in the ratio of 1:10 — meaning 1 new equity share of Rs. 1 each for every 10 existing equity shares of Rs. 1 each. The bonus will be funded by capitalising the securities premium received in cash and/or free reserves, as per the audited balance sheet dated March 31, 2025. Pre-bonus paid-up equity share capital stands at about 185.90 crore shares, which will rise to roughly 204.49 crore shares post-issue. The bonus is subject to shareholder approval via postal ballot, and the new shares are expected to be credited or dispatched within two months of Board approval. The Board deferred any dividend decision to a later date.
Eligible shareholders as on the record date will receive additional shares at no extra cost, increasing their holding by 10%. The stock price typically adjusts downward on the ex-date in proportion to the bonus, so overall investment value remains largely unchanged. Shareholders should watch for the postal ballot notice and record date announcement.