ALPHA TRIBE

Redtape LimitedDividend/Bonus, 23-01-2025: Record Date

23-01-2025 | 03:40 pm

REDTAPE Limited has announced a board meeting to fix the record date for a bonus issue. The record date is set for February 4, 2025, with a deemed date of allotment for 4,14,605,700 bonus shares in a 3:1 ratio (three new shares for every existing share) on February 5, 2025. The bonus shares will be credited to eligible shareholders and available for trading by February 6, 2025. This move is anticipated to enhance liquidity and broaden the shareholder base.

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