Redtape Limited — Others, 24-01-2025: Copy of Newspaper Publication

RedTape Limited has announced a board meeting on February 4, 2025, to determine members eligible for bonus equity shares. The company will issue 3 new fully paid-up equity shares of ₹2 each for every existing share, resulting in a significant increase in share distribution. This move is expected to enhance shareholder value and reinforce investor confidence, potentially signaling a positive shift in the company's growth strategy. The bonus shares will be allocated to members based on their records as of the established date, presenting an opportunity for long-term investors to deepen their stake in the company.