Univastu India Limited has informed the Exchange about Copy of Newspaper Publication in respect if Record Date for proposed Bonus issue
UNIVASTU · price
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Univastu India Limited has informed the stock exchange about newspaper publications related to its proposed bonus issue. The initial notice on August 27, 2025 set August 29, 2025 as the Record Date for determining eligible shareholders. However, a corrigendum was issued on August 29, 2025 correcting the bonus ratio from the originally printed 1:2 to 2:1 — meaning shareholders will receive 2 new fully paid-up equity shares of Rs. 10 each for every 1 existing share held, not the other way around. The company clarified this was a printing error. Bonus shares will rank equally with existing shares and will be allotted only in dematerialized form.
This is a positive development for shareholders as the corrected bonus ratio of 2:1 is far more generous than the initially communicated 1:2. Eligible shareholders on the record date will see their share count triple (1 share becomes 3 shares). Share price will typically adjust downward on the ex-date to reflect the increased share count, but the overall value of holdings should remain unchanged.