Sharda Motor Industries Allots Bonus Equity Shares in 1:1 Ratio

or Industries has approved the allotment of 2,87,03,853 fully paid-up bonus equity shares. The shares have a face value of ₹2 each, in the ratio of 1:1. This means one new bonus equity share of ₹2 for every one existing equity share of ₹2 held as of the record date, Friday, July 4, 2025. Consequently, the paid-up equity share capital of the company has increased from ₹5,74,07,706 to ₹11,48,15,412. The bonus equity shares allotted will rank equally with existing equity shares, carrying the same rights, including dividends and other corporate benefits declared after the allotment.