Description

Autoriders International Ltd announces bonus issue with record date 18/11/2025, deemed allotment date 19/11/2025, and trading from 20/11/2025.

Summary

Autoriders International Ltd (Scrip Code: 512277, ISIN: INE340U01010) has submitted an undertaking to BSE regarding its bonus issue under SEBI Circular CIR/CFD/PoD/2024/122 dated 16-09-2024. The company will issue 29,00,700 bonus equity shares to existing shareholders as on the record date.

Key Points

  • Total bonus shares to be issued: 29,00,700 equity shares
  • ISIN: INE340U01010
  • Scrip Code: 512277
  • Distinctive number range: 5,80,141 to 34,80,840
  • Company undertakes to submit documents and ensure credit to depository system by 12:00 PM on T+1
  • Undertaking submitted in compliance with SEBI Circular CIR/CFD/PoD/2024/122 dated 16-09-2024

Regulatory Changes

This circular is submitted in accordance with SEBI Circular CIR/CFD/PoD/2024/122 dated 16-09-2024, which governs the timeline and procedure for bonus issue allotment and listing.

Compliance Requirements

  • Company must ensure credit of bonus shares to depository system latest by 12:00 PM on T+1 (19/11/2025)
  • Documents must be submitted to enable credit to depositories within the specified timeline
  • Bonus shares must be made available for trading from beginning of day on T+2

Important Dates

  • Record Date: 18/11/2025 (T) - Eligibility date for bonus shares
  • Deemed Date of Allotment: 19/11/2025 (T+1) - Next working day after record date
  • Credit to Depositories Deadline: 19/11/2025 by 12:00 PM (T+1)
  • Effective Listing Date: 20/11/2025 (T+2) - Bonus shares available for trading from BOD

Impact Assessment

This bonus issue will result in the issuance of 29,00,700 additional equity shares to existing shareholders of Autoriders International Ltd. The impact is moderate, affecting shareholders proportionately based on their holdings as on the record date. The shares will be credited to demat accounts on T+1 and available for trading from T+2, following the accelerated timeline prescribed by SEBI regulations. This corporate action will increase the company’s total paid-up capital and improve liquidity in the stock.

Impact Justification

Standard bonus issue affecting existing shareholders with clear timeline and moderate share issuance of 29 lakh shares