Sharda Motor Industries Ltd fixes July 4, 2025 as record date for 1:1 bonus issue

Sharda Motor Industries Ltd has received In-principle approvals under Regulation 28(1) of SEBI LODR Regulations 2015, from BSE Limited and National Stock Exchange of India Limited vide their letters dated June 25, 2025 and June 27, 2025, for issue and allotment of 2,87,03,853 Equity Shares of ₹ 2/- each as Bonus Shares in the ratio of 1:1 i.e., 1 (One) new Bonus Equity Share for every 1 (one) existing Equity Share held in the Company. Distinctive numbers ranging from 29731631-58435483.

In this regard, the Company has fixed Friday, July 04, 2025, as the "Record Date" to determine the eligibility of shareholders for issuance of Bonus Shares. Accordingly, the deemed date of allotment shall be Monday, July 07, 2025 for the purpose of allotment of said Bonus Shares of the Company (ISIN No.: INE597I01028).

Shares of Sharda Motor Industries Limited was last trading in BSE at Rs. 1913.80 as compared to the previous close of Rs. 1862.15. The total number of shares traded during the day was 5214 in over 889 trades.

The stock hit an intraday high of Rs. 1921.10 and intraday low of 1858.65. The net turnover during the day was Rs. 9937555.00.

Source : Equity Bulls

Keywords

ShardaMotorIndustries INE597I01028 BonusIssue 1For1 RecordDate