Description

Autoriders International Ltd announces bonus issue of 29,00,700 equity shares with record date on 18/11/2025 and listing on 20/11/2025.

Summary

Autoriders International Ltd (ISIN: INE340U01010, Scrip Code: 512277) has announced a bonus issue of 29,00,700 equity shares to existing shareholders. The company has set the record date as 18/11/2025, with deemed allotment on 19/11/2025 and shares available for trading from 20/11/2025. This undertaking complies with SEBI Circular CIR/CFD/PoD/2024/122 dated 16-09-2024.

Key Points

  • Total bonus shares to be issued: 29,00,700 equity shares
  • Record date for determining eligible shareholders: 18/11/2025
  • Distinctive number range: 5,80,141 to 34,80,840
  • ISIN: INE340U01010
  • Company undertakes to submit documents and credit bonus shares to depository system by 12:00 PM on T+1

Regulatory Changes

This bonus issue follows SEBI Circular CIR/CFD/PoD/2024/122 dated 16-09-2024, which mandates specific timelines for bonus share allotment and trading availability.

Compliance Requirements

  • Company must ensure deemed date of allotment is T+1 (next working day after record date)
  • Documents must be submitted and bonus shares credited to depository system by 12:00 PM on T+1
  • Bonus shares must be made available for trading from beginning of day (BOD) on T+2

Important Dates

  • Record Date: 18/11/2025 - Eligibility date for existing shareholders
  • Deemed Date of Allotment: 19/11/2025 (T+1)
  • Credit to Depositories: 19/11/2025 by 12:00 PM (T+1)
  • Effective Listing Date: 20/11/2025 (T+2)
  • Trading Availability: 20/11/2025 from beginning of day (T+2)

Impact Assessment

This bonus issue will increase the total equity share capital of Autoriders International Ltd by 29,00,700 shares. Existing shareholders as on the record date of 18/11/2025 will receive bonus shares in their demat accounts. The shares will be available for trading from 20/11/2025, potentially increasing liquidity in the stock. The bonus issue follows regulatory timelines, ensuring smooth credit and trading operations.

Impact Justification

Standard bonus issue corporate action affecting existing shareholders with specific timelines for allotment and trading