Description
RAM RATNA WIRES LIMITED announces 1:1 bonus issue with record date December 26, 2025 and deemed allotment date December 29, 2025.
Summary
RAM RATNA WIRES LIMITED (Scrip Code: 522281, Symbol: RAMRAT) has announced the implementation of a 1:1 bonus issue, with the record date set as December 26, 2025 and deemed date of allotment as December 29, 2025. The bonus issue was approved by equity shareholders through postal ballot that concluded on December 18, 2025.
Key Points
- Bonus ratio: 1:1 (one bonus share for every one existing fully paid-up equity share)
- Face value: ₹5/- per equity share
- Total bonus shares to be issued: 46,674,536 equity shares
- Current paid-up capital: ₹23,33,72,680 (46,674,536 shares of ₹5/- each)
- DN range for bonus shares: 4,66,74,537 to 9,33,49,072
- ISIN: INE207E01023
- Bonus shares will rank pari-passu in all respects with existing equity shares
- Approval obtained through postal ballot ended December 18, 2025
Regulatory Changes
This circular is issued pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and in accordance with SEBI circular no. CIR/CFD/PoD/2024/122 dated September 16, 2024 regarding deemed date of allotment.
Compliance Requirements
- Stock exchanges (BSE and NSE) informed of record date and deemed allotment date
- Depositories (NSDL and CDSL) notified of the corporate action
- Undertaking provided by Company Secretary confirming the record date
- Timeline compliance with regulatory requirements for bonus issue implementation
Important Dates
- December 18, 2025: Postal ballot approval concluded
- December 19, 2025: Circular date and intimation to exchanges
- December 26, 2025: Record Date for determining entitlement
- December 29, 2025: Deemed Date of Allotment of bonus shares
Impact Assessment
Shareholder Impact: Existing shareholders as of the record date will receive one additional share for every share held, doubling their shareholding without any cash outlay. This dilutes the earnings per share but maintains proportional ownership.
Market Impact: The bonus issue will double the total equity share capital from 46,674,536 shares to 93,349,072 shares. Post-bonus, the stock price is expected to adjust proportionately (approximately halve) to reflect the increased share count while maintaining market capitalization.
Liquidity Impact: Increased number of shares in circulation may improve trading liquidity and make the stock more accessible to retail investors due to lower per-share price post-adjustment.
Impact Justification
Standard bonus issue announcement affecting existing shareholders with 1:1 ratio, resulting in doubling of equity share capital from 46,674,536 to 93,349,072 shares