Samvardhana Motherson International Limited — Others, 07-07-2025: Shareholders meeting
07-07-2025 | 12:50 pm
07-07-2025 | 12:50 pm
Samvardhana Motherson International Limited has announced the approval of a bonus share issue in the ratio of 1:2, meaning shareholders will receive one bonus share for every two shares held. The resolution passed with strong shareholder support, securing over 97.58% of votes in favor through e-voting. This bonus issue enhances shareholder value by increasing equity share capital, reflecting the company’s confidence in its growth prospects and financial health. The move is likely to improve stock liquidity and reward existing shareholders without impacting cash reserves.
No comments yet. Be the first to comment!
All announcements from Samvardhana Motherson International Limited
