Shilpa Medicare Limited has informed the Exchange that the Securities IssueCommittee of the Board of Directors of Shilpa Medicare Limited has, at its meeting held todayi.e., October 06, 2025, accorded approval for the allotment of 9,77,90,908 Equity Shares of ₹1/- each as fully paid-up Bonus Equity Shares in the ratio of 1:1 to the shareholders of the Company as on the Record Date, i.e., October 03, 2025.
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Shilpa Medicare Limited's Securities Issue Committee, at its meeting held on October 6, 2025, approved the allotment of 9,77,90,908 (approximately 9.78 crore) fully paid-up bonus equity shares of face value ₹1 each. The bonus shares are being issued in the ratio of 1:1, meaning one bonus share for every one share held by shareholders. The record date for determining eligible shareholders was October 3, 2025. This effectively doubles the company's outstanding share count without any change in the underlying market capitalisation.
Bonus shares are purely a stock split in effect — each shareholder's total value stays the same, but the share price will adjust downward by roughly half, improving liquidity and affordability of the stock for retail investors. No real cash benefit, but no dilution of value either.