Sharda Motor Industries Limited — QIP/Rights/Pref., 07-07-2025: Allotment of Securities

Sharda Motor Industries has announced a board meeting on July 7, 2025, approving the allotment of 2.87 crore fully paid-up bonus equity shares in a 1:1 ratio to existing shareholders. This doubles the paid-up equity capital from ₹5.74 crore to ₹11.48 crore. The new shares carry equal rights including dividends. This move boosts shareholder value through capitalization of reserves without fund infusion or change in promoter holding.