Motherson Sumi Wiring India Limited has informed the Exchange regarding allotment of 2210553966 securities pursuant to Bonus vide Resolution dated July 21, 2025
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Motherson Sumi Wiring India Limited has allotted 221.05 crore bonus equity shares to its shareholders, pursuant to shareholder approval via postal ballot on July 7, 2025. The bonus issue is in the ratio of 1 bonus share for every 2 existing shares held. The company's paid-up equity share capital has increased from Rs 442.11 crore (442.11 crore shares of Re 1 each) to Rs 663.17 crore (663.17 crore shares of Re 1 each). The newly allotted shares will rank equally (pari passu) with the existing equity shares from the allotment date.
Eligible shareholders will see their share count rise by 50% at no extra cost, with no change in their overall investment value immediately after adjustment. The stock price is expected to adjust downward on the ex-bonus date, so long-term return depends on the company's fundamentals rather than the bonus itself.