SBC Exports Limited — Important, 11-03-2025: General Updates

The Board of Directors has announced a board meeting on 11th March, 2025, where it approved the allotment of 158,730,000 Bonus Equity Shares at Re. 1 each, in the ratio of 1:2. This means shareholders will receive one bonus share for every two shares they hold as of the record date, 10th March, 2025. Following this allotment, the company's paid-up equity share capital rises to Rs. 47.62 crore, comprising 476.19 million equity shares.

Additionally, shares resulting from fractional entitlements have been consolidated and assigned to Mrs. Radha Kumari, an Independent Director, to sell at the current market rate. The net proceeds from this sale will be distributed among eligible members based on their fractional entitlements. This move signifies a strengthening of shareholders' capital base, reflecting positively on the company’s outlook.