Intimation of Record date for the purpose of Bonus Issue
SHILCTECH · price
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Shilchar Technologies has fixed Friday, 6 June 2025 as the record date to identify shareholders eligible for its bonus issue. The company will issue 1 new fully paid-up equity share of ₹10 each for every 2 existing shares held, following shareholder approval secured on 22 April 2025. The deemed allotment date is Monday, 9 June 2025, and the bonus shares will start trading on Tuesday, 10 June 2025. This is a standard regulatory intimation under SEBI Listing Regulations to inform the stock exchanges and depositories of the timeline.
Shareholders holding the stock as of 6 June 2025 will receive additional shares at no extra cost, which typically increases share liquidity and is generally viewed positively, though the share price adjusts downward proportionally on the ex-date.