Samvardhana Motherson International Limited has submitted with the exchange, Scrutinizer Report and Voting Results for outcome of Postal Ballot Notice Dated May 29, 2025 regarding issue of bonus shares in the ratio of 1:2. The resolution was approved by the requisite majority.
MOTHERSON · price
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Samvardhana Motherson International Limited has secured shareholder approval through a postal ballot to issue bonus shares in the ratio of 1:2, meaning 1 additional equity share for every 2 shares held. The resolution passed with overwhelming support: 97.58% of votes cast in favour and only 2.42% against, with around 87.77% of outstanding shares participating in the e-voting held between June 6 and July 5, 2025. The promoter group voted 100% in favour, public institutions voted 92.82% in favour, and public non-institutions voted 99.99% in favour. The original postal ballot notice was issued on May 29, 2025.
Eligible shareholders will receive 1 bonus share for every 2 shares they own, increasing their share count by 50%. While bonus shares do not change the company's total market value, they typically improve share liquidity and affordability, and signal management's confidence in the business outlook.