Pursuant to Regulation 30 of SEBI (LODR) Regulation, 2015, the Board at its meeting held on March 25, 2026 has allotted 27,87,200 fully paid up bonus Equity Shares of Rs. 10 each in the ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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The Board of Directors of Times Green Energy (India) Ltd, at its meeting on March 25, 2026, approved the allotment of 27,87,200 fully paid-up bonus equity shares of Rs. 10 each. The bonus shares were issued in the ratio of 1:1, meaning one bonus share for every one existing share held, with the record date set as March 24, 2026. As a result, the company's paid-up share capital has increased to Rs. 5,57,44,000, divided into 55,74,400 equity shares of Rs. 10 each. The new bonus shares will carry the same rights as existing shares, including eligibility for future dividends. The bonus shares will be credited to eligible shareholders within the prescribed regulatory timelines.
Shareholders will see their shareholding double as a result of the 1:1 bonus issue, though the share price will adjust downward proportionally to reflect the increased share count. This is a capital restructuring event and does not change the overall value of the company, though it may improve liquidity and make the stock more affordable for retail investors.