Shalibhadra Finance Ltd — Dividend/Bonus, 24-05-2025: Corp. Action

Shalibhadra Finance Limited has announced a board meeting to approve a bonus share issue in the ratio of 3:1, meaning shareholders will receive three new shares for every one share held. The company plans to allot 2.32 crore fully paid equity shares of Rs. 10 each to eligible shareholders. The record date to determine entitlement is set, and the shares will be credited to investors promptly, with trading expected to start the next working day. This bonus issue enhances shareholding value without affecting company reserves, benefiting existing shareholders.