BSE has notified trading members that R M Drip and Sprinklers Systems Limited (Scrip Code: 544456) has fixed a record date of April 10, 2026 for a bonus issue. The company will issue 5 bonus equity shares of Re. 1/- each for every 7 equity shares of Re. 1/- each held. Trading in the equity shares will be conducted on an ex-bonus basis effective April 10, 2026.

Key Points

• Bonus Ratio: 5 bonus equity shares for every 7 equity shares held
• Record Date: April 10, 2026
• Ex-Bonus Date: April 10, 2026 (Settlement No. DR-608/2026-2027)
• Total Bonus Shares to be Allotted: 178,428,571 equity shares
• Allotment Date: April 13, 2026
• Face Value: Re. 1/- per share
• Notice reference: BSE Notice No. 20260409-6

Regulatory Changes

No new regulatory changes. This circular is a standard corporate action notification pursuant to the company’s board decision to issue bonus shares.

Compliance Requirements

• Trading members must note that all transactions in R M Drip and Sprinklers Systems Limited (544456) equity shares will be on an ex-bonus basis from April 10, 2026 onwards.
• Members should update client portfolios and margin calculations to reflect the bonus entitlement and adjusted share price post ex-bonus date.

Important Dates

Impact Assessment

The bonus issue of 5:7 will result in 178,428,571 new equity shares being allotted to existing shareholders, significantly increasing the total share count. The share price is expected to adjust proportionally on the ex-bonus date (April 10, 2026). Existing shareholders as of the record date will receive 5 additional shares for every 7 held, improving liquidity of the stock. Trading members and investors must account for the adjusted price and revised holding quantities from April 10, 2026. Settlement for ex-bonus trades falls under DR-608/2026-2027.