Intimation of in-principle approval for issuance and allotment of 43693710 bonus equity shares of INR 5 each in the ratio of 1 new equity share for every 1 existing equity share held in the company
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sampre Nutritions Ltd has received in-principle approval from BSE for issuing and allotting 4,36,93,710 bonus equity shares of face value INR 5 each. The bonus ratio is 1 new share for every 1 existing share held (1:1), which will effectively double the number of outstanding shares. The approval is subject to conditions including payment of additional listing fees, receipt of statutory approvals, and compliance with SEBI, RBI, and MCA guidelines. Allotment will be made in dematerialized form only.
Shareholders will receive one additional share for every share they currently own, effectively doubling their shareholding quantity. While the share price typically adjusts downward proportionally on the ex-bonus date, the total value of holdings remains unchanged. This signals management confidence in the company's future prospects.