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Double the Shares, No Extra Cost—Meghna Infracon Announces 1:1 Bonus Issue


Updated: June 18, 2025 09:58

Image Source: Goodreturns
Meghna Infracon Infrastructure Ltd has declared a 1:1 bonus issue, offering shareholders one fully paid equity share for every share they currently hold. The company has set July 8, 2025, as the record date to determine eligibility for this corporate reward.
 
Key Highlights:
  • Bonus Ratio: 1:1 (one bonus share for each existing share)
  • Face Value: ₹10 per share
  • Record Date: July 8, 2025
  • Shareholder Approval: Secured on June 13, 2025
  • Capital Source: Bonus shares will be issued by capitalizing reserves from the Securities Premium Account and Free Reserves
This move effectively doubles the number of shares held by eligible investors, although the overall value of holdings remains unchanged in the short term, as the market price typically adjusts postissue. The bonus shares will carry the same rights as existing ones, including voting and dividend entitlements.
 
The company’s board approved the bonus issue following shareholder consent, and the announcement was formally communicated to the stock exchanges on June 18. The bonus shares will be credited as fully paidup and are expected to enhance liquidity and investor participation.
 
Meghna Infracon, formerly known as Naysaa Securities Ltd, has been actively repositioning itself in the infrastructure and real estate space. This bonus issue is seen as a shareholderfriendly move that reflects confidence in the company’s financial health and future outlook.
 
Source: Moneycontrol, News4You, Meghna Infracon Exchange Filings

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