ALPHA TRIBE

Redtape LimitedDividend/Bonus, 26-12-2024: Bonus

26-12-2024 | 01:53 pm

The Board of Directors has declared an interim dividend of Rs. 2 (100%) per equity share for the financial year 2024-25, with a record date set for January 3, 2024, to determine the eligible shareholders. Additionally, the Board proposed an increase in authorized share capital from Rs. 30.02 crores to Rs. 112.01 crores, enabling the creation of 40.99 crores new equity shares of Rs. 2 each. Furthermore, shareholders may receive bonus shares at a ratio of 3:1, translating to 3 new shares for every existing share, designated from free reserves. Final details on the bonus issuance will follow SEBI approval.

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