Sharda Motor Industries Doubles Equity Capital with 1:1 Bonus Share Allotment

Mumbai, 7 July 2025: In a strategic move to enhance shareholder value and strengthen investor confidence, Sharda Motor Industries Ltd (BSE: 535602, NSE: SHARDAMOTR) has approved the allotment of 2,87,03,853 fully paid-up bonus equity shares of face value ₹2 each. This issuance, made on a 1:1 basis, effectively doubles the company’s paid-up equity capital as of Monday, 7 July 2025.

Bonus Share Allotment Reflects Strong Financial Confidence

The allotment follows the record date of 4 July 2025, as earlier announced on 28 June 2025 under Regulation 30 of SEBI (LODR) Regulations, 2015. By issuing bonus shares, the company aims to reward its shareholders while maintaining its liquidity and operational strength. The move is also indicative of Sharda Motor Industries’ sustained financial performance and its ability to manage capital effectively.

Share Capital Structure Doubled Post Bonus Issue

The allotment has led to a significant change in the company’s equity capital structure. Below is the updated share capital:

The newly issued shares will rank pari-passu with the existing equity shares. This ensures that all shareholders will enjoy the same rights, including dividend entitlements and other corporate benefits.

Corporate Action Aligned with SEBI’s Regulatory Framework

The bonus issue is in strict compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates transparent and timely disclosure of material events by listed entities. This regulatory adherence enhances investor trust and reflects the company’s commitment to governance standards.

Sharda Motor Strengthens Its Market Standing Through Shareholder-Focused Strategy

Sharda Motor Industries Ltd is a publicly listed automotive component manufacturer, primarily engaged in the production and supply of exhaust systems, suspension components, and other key parts for India’s automotive original equipment manufacturers (OEMs). With listings on both the BSE and NSE, the company continues to consolidate its position in the Indian automotive sector, backed by a shareholder-first approach.

This latest bonus share allotment not only strengthens the capital structure but also reaffirms the company’s long-term growth orientation and robust financial footing.

REF:https://www.bseindia.com/xml-data/corpfiling/AttachLive/e22d83e7-1fd1-4538-b884-7ee2cafadea5.pdf

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