Description
Abate AS Industries Limited announces bonus issue of 7,88,03,228 equity shares with record date July 31, 2025 and trading from August 2, 2025.
Summary
Abate AS Industries Limited (Scrip Code: 531658) has announced a bonus issue of 7,88,03,228 equity shares. The company has submitted all required documents to BSE for the bonus issue implementation with record date set for July 31, 2025.
Key Points
- Total bonus shares to be allotted: 7,88,03,228 equity shares
- Record date: July 31, 2025
- Deemed date of allotment: August 1, 2025
- Trading availability: August 2, 2025 (T+2 day)
- ISIN: INE454E01013
- Distinctive numbers: 78803229-157606456
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Company must complete credit of bonus shares to demat accounts by 12:00 PM on August 1, 2025 (T+1 day)
- Bonus shares must be available for trading on BSE platform from beginning of August 2, 2025
- All documentation submitted as per BSE requirements including undertaking for depository system credit
Important Dates
- July 31, 2025: Record date for bonus issue eligibility
- August 1, 2025: Deemed date of allotment and deadline for demat credit (by 12:00 PM)
- August 2, 2025: Effective date of listing and trading commencement
Impact Assessment
This bonus issue will significantly increase the share capital of Abate AS Industries Limited by approximately 7.88 crore shares. Existing shareholders as of record date will receive additional shares proportionate to their holdings. The trading of bonus shares from August 2, 2025 may impact stock liquidity and price dynamics due to the substantial increase in tradeable shares.
Impact Justification
Significant bonus issue affecting shareholders with clear timelines for credit and trading