Shilpa Medicare Limited has informed the Exchange that the Board of Directors at its meeting held on August 13, 2025, have considered and approved bonus at the ratio of 1 : 1, i.e 1 Equity Shares for every 1 Equity Shares held.
SHILPAMED · price
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The Board of Directors of Shilpa Medicare Limited, at its meeting on August 13, 2025, approved a bonus issue of equity shares in the ratio of 1:1, meaning one new equity share for every one share held. The bonus will be issued by capitalising Rs. 9.78 crore from the company's securities premium account, effectively doubling the paid-up capital from Rs. 9.78 crore to Rs. 19.56 crore. The record date for determining eligible shareholders has been set as Friday, September 26, 2025. The bonus issue is subject to shareholder approval at the upcoming AGM, and the new shares are expected to be credited or dispatched within two months of declaration.
Eligible shareholders will receive one additional share for each share they hold, effectively doubling their share count without additional cost, though the share price typically adjusts downward proportionally post-ex-date. The move signals management confidence and rewards existing shareholders.