Abate As Industries Ltd — Others, 01-08-2025: Others

The company's Board of Directors has approved the allotment of bonus shares, following prior shareholder approval and in-principle clearance from BSE. A total of 7,88,03,228 new equity shares, each with a face value of Rs. 10, have been allotted. This bonus issue is on a 1:1 basis, meaning one new share for every one share held as of the record date. This action doubles the paid-up equity share capital from Rs. 78.80 Cr to Rs. 157.60 Cr, significantly increasing the total number of outstanding shares.