R&B Denims Limited has informed the Exchange that the Board of Directors at its meeting held on April 06, 2026, have considered and approved bonus at the ratio of 89973440 : 179946880, i.e 89973440 Equity Shares for every 179946880 Equity Shares held.
RNBDENIMS · price
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R&B Denims Limited has announced a bonus share issue in the ratio of 1:2, meaning one fully paid-up equity share for every two existing shares held. The company allotted 8,99,73,440 bonus equity shares of face value ₹1 each. The record date for determining eligible shareholders was April 03, 2026. Following this allotment, the company's paid-up share capital increased to ₹26,99,20,320 divided into 26,99,20,320 equity shares of ₹1 each. The board meeting was held on April 06, 2026 and concluded within an hour.
Bonus issues increase the number of shares outstanding without altering the company's fundamental value, effectively diluting the stock price proportionally. This announcement may generate short-term trading interest but does not create immediate wealth for shareholders.