Motherson Sumi Wiring India Limited has informed the Exchange that the Board of Directors at its meeting held on May 29, 2025, have considered and approved bonus at the ratio of 1 : 2, i.e 1 Equity Shares for every 2 Equity Shares held.
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The Board of Directors of Motherson Sumi Wiring India Limited, at its meeting held on May 29, 2025, approved a bonus issue in the ratio of 1:2. This means shareholders will receive 1 additional equity share for every 2 equity shares they currently hold. The total share count will effectively rise by 50% once the bonus shares are issued. The record date and other timelines have not been disclosed in this filing. The company has not announced any changes to its dividend policy or capital structure beyond this bonus issue.
Shareholders will receive 50% more shares, which typically makes the stock more affordable and improves liquidity, though the share price will adjust downward proportionally and the company's overall market value remains unchanged. This is generally viewed positively by retail investors as a reward for holding the stock.