The Board of Directors of the company in its meeting held today i.e. 18.02.2026 has considered and approved the following: 1. Allotment of 41,45,126 Bonus Equity Shares of Rs. 10/- each ....
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Riddhi Steel and Tube Ltd's board, meeting on February 18, 2026, approved the allotment of 41,45,126 bonus equity shares of Rs. 10 each to existing shareholders in the ratio of 1 bonus share for every 2 shares held. The record date for eligibility was February 17, 2026. As a result, the company's paid-up equity capital has risen from Rs. 8.29 crore (82.90 lakh shares) to Rs. 12.44 crore (1.24 crore shares). This is a capital structuring move that increases the share count without changing the underlying business value.
Shareholders receive one additional share for every two they own, which typically lowers the per-share price proportionally but does not change total holding value. Total share count grows by 50%, increasing liquidity in the stock.