Mumbai, May 30 -- According to an exchange filing, the company's board, in its meeting held on 30 May 2025, approved and recommended the issuance of bonus equity shares by way of capitalization of securities premium, in the ratio of 1:1 - i.e., one new fully paid-up equity share of Rs 10 each for every one existing fully paid-up equity share of Rs 10 each, to eligible shareholders of the company as on the record date. The issuance is subject to the approval of shareholders and other applicable regulatory and statutory approvals. The record date to determine the eligible shareholders for the bonus equity shares will be intimated separately to the exchanges.

Post the bonus issue, the paid-up share capital of the company will increase from ...