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Rudrabhishek Enterprises LimitedDividend/Bonus, 02-01-2025: Record Date

02-01-2025 | 07:32 pm

1. **Record Date**: The company has set a record date for a dividend payment to shareholders. This will determine eligibility for receiving the upcoming dividend based on their holdings as of that date.

2. **Dividend**: A dividend of ₹5 per share has been declared as an interim dividend to be paid shortly. It reflects the company's strong performance and is aimed at rewarding shareholders.

3. **Bonus**: A bonus issue in the ratio of 1:2 has been approved, meaning shareholders will receive one additional share for every two shares held. The record date for eligibility is set, and this move aims to enhance share liquidity and attract more investors.

4. **Buyback**: The company is initiating a buyback of up to ₹50 Cr worth of shares through a tender offer. This strategy is expected to optimize capital structure and provide an exit option to shareholders.

5. **Stock Split**: A stock split in the ratio of 1:5 has been approved, reducing the face value from ₹10 to ₹2 per share. This split is likely to improve liquidity and make shares more accessible to retail investors.

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