Frontier Springs Allots 78.77 Lakh Bonus Shares in 2:1 Ratio

Frontier Springs Limited's Allotment Committee approved issuance of 78,77,022 bonus equity shares of Rs 10 face value each in 2:1 ratio to eligible shareholders on record as of March 13, 2026.

Bonus Issue Completion

The new shares become available for trading from March 17, 2026, increasing paid-up capital from 39,38,511 shares (Rs 3.94 crore) to 1,18,15,533 shares (Rs 11.82 crore).

Shareholder Impact

Bonus shares rank pari passu with existing equity.

Shares of FRONTIER SPRINGS LTD. was last trading in BSE at Rs. 1429.00 as compared to the previous close of Rs. 4594.85. The total number of shares traded during the day was 28427 in over 2201 trades.

The stock hit an intraday high of Rs. 1634.00 and intraday low of 1400.00. The net turnover during the day was Rs. 42821519.00.

Source : Equity Bulls

Keywords

FRONTIERSPRINGS INE572D01014 BonusIssue SharesAllotment 2For1