Notice of postal ballot
Awaiting price reaction for this filing.
Murae Organisor Limited has issued a postal ballot notice seeking shareholder approval for a bonus issue in the ratio of 1:10, meaning 1 new equity share for every 10 existing shares held. The bonus shares will be issued by capitalising a sum not exceeding ₹18.58 crores from securities premium, general reserve, or retained earnings. E-voting will be open from June 24, 2025 to July 23, 2025, with the cut-off date set as June 20, 2025. The record date and ex-date for the bonus issue will be intimated separately.
If approved, each shareholder will receive 1 bonus share for every 10 shares held, increasing total share count by 10%. The stock price is likely to adjust downward on the ex-date in line with the bonus ratio, while overall investment value remains unchanged. Bonus issues generally improve share liquidity.