Surya Roshni Limited — Important, 02-01-2025: Committee Meeting Updates

Surya Roshni Limited has announced a board meeting regarding the allotment of 10,88,17,948 fully paid-up Bonus Equity Shares at a face value of ₹5 each. This allocation follows a 1:1 ratio for shareholders, effective from the record date of January 1, 2025. Post-allotment, the total paid-up equity share capital increases to ₹108.82 crore.

This bonus issue may enhance shareholder value and signal confidence in the company’s growth prospects. Investor sentiment could be positively influenced as the company expands its capital base, suggesting a commitment to delivering returns.