Foce India Fixes March 2, 2026 As Record Date For 7:5 Bonus Issue After EGM Approval

Foce India Limited on January 31, 2026 approved a 7:5 bonus share issue at its Extraordinary General Meeting, subsequently fixing March 2, 2026 as the record date to determine shareholder eligibility, according to a Regulation 42 disclosure filed with the exchange.

The intimation, submitted under Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, confirms that shareholders will receive seven fully paid-up equity shares of ₹10 each for every five existing fully paid-up equity shares of ₹10 each held as on the record date.

Bonus Issue Details And Regulatory Basis

According to the filing, the Members of Foce India Limited granted approval at the EGM held on Saturday, January 31, 2026, for the capitalisation of reserves through issuance of bonus equity shares in the ratio of 7:5. The new shares will rank pari passu in all respects with the existing equity shares.

The company has fixed Monday, March 2, 2026 as the “Record Date” for determining entitlement. ISIN INE0I7D01019 and NSE symbol FOCE remain unchanged.

Further, the deemed date of allotment of the bonus shares is stated as not later than 4 March 4, 2026, in due course and in accordance with applicable SEBI circulars.

A bonus issue involves the capitalisation of free reserves or securities premium, resulting in additional shares being credited to shareholders without cash consideration. The paid-up share capital expands, while reserves reduce by an equivalent amount. No fresh funds are raised.

Company Background

Foce India Limited, CIN U33100MH2001PLC130385, operates as the authorised distributor in India for FOCE watches and was formerly known as Heighten Trading Company Private Limited. The registered office is located at 4, Kingston, Shastri Nagar, Lokhandwala Complex, Andheri (West), Mumbai – 400 053.

The disclosure was signed by Ankit Pandit, Company Secretary & Compliance Officer, and addressed to the stock exchange in accordance with statutory listing requirements.

Conclusion

The 7:5 bonus issue, approved by shareholders and scheduled around the March 2, 2026 record date, will increase the company’s outstanding equity capital while leaving underlying net worth unchanged, subject to final allotment procedures and exchange confirmations. Further operational timelines are expected to align with SEBI-prescribed corporate action processes.

Source: https://nsearchives.nseindia.com/corporate/FOCE_24022026140756_IntimationforRecordDate24022026.pdf