Shilchar Technologies Ltd — Updates, 22-05-2025: Company Update

Shilchar Technologies Limited has announced a board meeting to approve the issue of bonus shares in a 2:1 ratio, granting 1 new fully paid-up equity share of ₹10 for every 2 existing shares held. The bonus shares will be issued from free reserves, which stand at ₹337.23 Cr in retained earnings and ₹3.31 Cr in general reserves as per the latest audited balance sheet. The paid-up share capital will increase from ₹7.63 Cr to ₹11.44 Cr post-issue. The bonus shares are expected to be credited or dispatched on or before June 20, benefiting shareholders by increasing shareholding liquidity without additional investment.