Description
Murae Organisor Limited announces bonus share issue with record date August 7, 2025 and trading to commence August 11, 2025.
Summary
Murae Organisor Limited (Scrip Code: 542724) has declared a bonus issue for shareholders with record date set for August 7, 2025. The company will credit 18,58,96,431 bonus shares (ISIN: INE060601031) to the depository system by August 8, 2025, with trading to commence on August 11, 2025.
Key Points
- Company: Murae Organisor Limited (formerly Earum Pharmaceuticals Limited)
- Scrip Code: 542724
- CIN: L24230GJ2012PLC071299
- Total bonus shares to be issued: 18,58,96,431
- ISIN: INE060601031
- Distinctive numbers: From 1,85,89,64,311 to 2,04,48,60,741
Important Dates
- Record Date: August 7, 2025 (Thursday)
- Credit to Depository: August 8, 2025 (by 12 PM on T+1 day)
- Deemed Allotment Date: August 8, 2025
- Trading Commencement: August 11, 2025 (BOD of T+2 day)
Compliance Requirements
- BSE to issue notification accepting the record date
- BSE to notify the number of shares considered in the bonus issue
- Company to ensure bonus shares are credited to depository system by specified timeline
- Shares to be available for trading from beginning of day on August 11, 2025
Impact Assessment
This bonus issue will significantly increase the number of outstanding shares of Murae Organisor Limited. Existing shareholders on the record date will receive additional shares at no cost, which may lead to increased liquidity and potentially affect the stock price due to the dilution effect typical of bonus issues.
Impact Justification
Significant corporate action affecting existing shareholders with specific timeline for bonus share credit and trading