Iris Clothings Issues Bonus Shares in 1:1 Ratio
By Ankur Chandra | Published at: Jul 7, 2025 03:49 PM IST
Kolkata, July 7 – Iris Clothings Ltd (NSE: IRISDOREME) has completed the allotment of shares under its bonus issue. The bonus issue was announced in May. The record date for the issue was July 4th.
The bonus issue is a major milestone for the company, inclusive of the representatives of collective growth, which emphasises its commitment to sharing its success with its shareholders, as well as increased momentum with growth in one of India’s most promising apparel segments.
The share price of Iris Clothings Ltd. is currently ₹35.08, representing a 4.81% increase from the last closing price.
Bonus Allotment Details
In a board meeting held today, the company confirmed the issuance of bonus shares in the ratio of 1:1, meaning shareholders received one bonus share for every one share held as on the record date of July 4, 2025.
Share Capital Before and After Allotment
| Particulars | Pre-Bonus | Post-Bonus |
|---|---|---|
| Paid-Up Equity Capital | ₹19,03,31,470 | ₹38,06,62,940 |
| No. of Equity Shares | 9,51,65,735 shares | 19,03,31,470 shares |
| Face Value per Share | ₹2 | ₹2 |
Allotment Action Table
| Item | Details |
|---|---|
| Bonus Ratio | 1:1 |
| No. of Shares Allotted | 9,51,65,735 |
| Face Value | ₹2 per share |
| Deemed Allotment Date | July 7, 2025 |
| Record Date | July 4, 2025 |
| Regulation Referenced | SEBI LODR Reg. 30 |
The board meeting to approve the allotment began at 11:30 a.m. and concluded at 12:10 p.m. on the same day.
Regulatory Context
This corporate action falls under the ambit of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates prompt disclosure of material events, including bonus issues.
Outlook
The bonus issue indicates a robust financial status and shareholder confidence, which can increase stock liquidity and attract investors as Iris Clothing expands its footprint in the booming kidswear market.
About the Company
Iris Clothings Limited is a publicly traded apparel company based in Howrah, West Bengal. It designs and manufactures children’s clothing in a range of products under the DOREME brand and is publicly listed on the National Stock Exchange (NSE: IRISDOREME). The appeal and liquidity of the stock are being enhanced through this bonus allotment to shareholder investors.
REF:https://nsearchives.nseindia.com/corporate/IRISDOREME_07072025122803_Iris_BM_Outcome_07072025.pdf
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