Intimation of Record Date for Bonus Issue
Price
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Awaiting price reaction for this filing.
Narmada Macplast Drip Irrigation Systems has clarified the record date for its upcoming bonus issue as Friday, October 10, 2025. This clarification was issued to BSE in response to a query from the exchange, continuing an earlier intimation about the record date. Shareholders recorded on the books as of October 10, 2025 will be eligible to receive bonus shares. The company has not disclosed the bonus ratio or other details in this filing.
Shareholders holding shares as of the record date (Oct 10, 2025) will be eligible for bonus shares, which typically dilutes share price proportionally but increases total holdings. The repeated clarification suggests some initial ambiguity in the original announcement, though the actual bonus terms (ratio) are yet to be detailed.