Sharda Motor Industries Limited — Dividend/Bonus, 24-05-2025: Bonus

Sharda Motor Industries has announced a board meeting on June 13, 2025, to consider the financial results for the quarter and half-year. The Board has proposed a final dividend of ₹32.50 per share (face value ₹2) and a 1:1 bonus issue for shareholders on the record date (to be decided). This will double equity capital from ₹5.74 Cr to ₹11.48 Cr, likely boosting liquidity and rewarding shareholders by increasing free float.