Riddhi Steel and Tube Ltd — Important, 18-02-2026: Company Update

Riddhi Steel and Tube's Board has approved the allotment of 0.4145 Cr bonus equity shares with a face value of Rs. 10 each, following a 1:2 ratio. This means shareholders received one new bonus share for every two existing shares held as of February 17. This decision was based on a resolution passed at an EGM in January. As a result of this allotment, the company's paid-up equity share capital has increased from Rs. 8.29 Cr to Rs. 12.43 Cr, significantly boosting its equity base.