The company has fixed Tuesday, February 17, 2026 as the record date for the purpose of determining the equity shareholders of the company eligible for bonus equity shares of the company.
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Riddhi Steel and Tube Ltd has fixed Tuesday, February 17, 2026 as the record date to identify shareholders eligible for bonus equity shares. The bonus was approved earlier by members in January 2026 in the ratio of 1:2, meaning shareholders will receive 1 bonus share for every 2 shares they hold. The disclosure has been made under SEBI Listing Regulations. Shareholders holding shares as of the record date will be entitled to the bonus shares.
Eligible shareholders will see their share count increase by 50% post allotment. Share price typically adjusts downward on the ex-date in proportion to the bonus ratio, so overall holding value is generally unaffected in the short term, though bonuses are viewed positively as a sign of confidence in future earnings.