Meghna Infracon Issues Bonus Shares in 1:1 Ratio
By Ankur Chandra | Published at: Jul 9, 2025 12:47 PM IST
Mumbai, July 9, 2025 – Meghna Infracon Infrastructure Limited (BSE: 538668) has approved the allotment of 10.86 crore fully paid-up bonus equity shares in the ratio of 1:1, effectively doubling its paid-up share capital. The bonus share issued carries the same rights as the existing equity share.
Following earlier approvals from the board on May 21 and shareholders at the Extraordinary General Meeting (EGM) on June 13, 2025, the bonus allotment was executed in the board meeting held today.
As of 12:21 PM on July 9, the stock was trading at ₹572.95, down by 0.99%.
Updated Share Capital Structure
| Particulars | No. of Shares | Face Value (₹) | Total Amount (₹) |
|---|---|---|---|
| Pre-Bonus Share Capital | 1,08,61,875 | 10 | 10,86,18,750 |
| Post-Bonus Share Capital | 2,17,23,750 | 10 | 21,72,37,500 |
The bonus shares have been issued to shareholders on record as per the notified record date and will rank pari-passu with existing equity shares. This entitles the new shares to all dividends and other corporate benefits declared thereafter.
Board Meeting Details
- Meeting Date: July 9, 2025
- Start Time: 10:30 AM
- End Time: 11:00 AM
Outlook
The bonus issue approval signals management’s confidence in future growth of the company. While the share saw a marginal dip post-announcement, investor sentiment may strengthen in the near term as the capital base expands and benefits are evenly distributed.
About the Company
Meghna Infracon Infrastructure Ltd, formerly known as Naysaa Securities Ltd, is listed on BSE and operates in the infrastructure development and realty space. The company is headquartered in Goregaon, Mumbai.
REF: https://www.bseindia.com/xml-data/corpfiling/AttachLive/684c1c20-96a0-435b-8a7c-3dea354728eb.pdf
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