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F Mec International Financial Services LtdDividend/Bonus, 08-04-2026: Corp. Action

08-04-2026 | 05:49 pm

F MEC International Financial Services' board has approved a 1-for-5 stock split, changing existing ₹10 shares into five ₹2 shares, aimed at boosting liquidity and retail investor participation. The board also approved a 1:10 bonus issue, providing one bonus share for every ten existing shares, funded from the Share Premium Account (₹2.02 Cr available). Additionally, the company plans to raise up to ₹5 Cr by issuing unlisted, secured Non-Convertible Debentures (NCDs) with an 18-month tenure and 16% interest. Mr. Kabeer Choudhary's designation was changed to Executive Director. These capital actions require shareholder approval at an Extraordinary General Meeting on May 04, 2026, with April 27, 2026, as the e-voting cut-off date.

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