The bonus shares allotted by the Company shall rank pari passu with existing equity shares of the Company. Accordingly, the paid-up Equity Share capital of the Company has increased as follows: On May 29, Samvardhana Motherson said in an exchange filing, “The board approved bonus shares in the ratio of 1:2, i.e., 1 equity share of Re. 1/- each as a bonus share fully paid-up, for every 2 existing equity shares of Re. 1/- each, subject to approval of shareholders through Postal Ballot. Traders are been paying extra attention to the stock because Samvardhana Motherson International Limiteds Board of Directors declared the record date for 1:2 bonus shares . This is due to the fact ... Samvardhana Motherson International approved a 1:2 bonus share issue celebrating its 50th anniversary, adjusted CCD terms, and recommended a final dividend of Rs 0.35 per share . Q4 profit fell 22.75% to Rs 1,115 crore, while revenue grew 8.34% to Rs 29,317 crore.
