Alert For IRB Infrastructure Developers’ Shareholders! Record Date Declared For 1:1 Bonus Issue; Buy?

IRB Infrastructure Developers Ltd is India's leading integrated roads and highways infrastructure developer today. The Board of Directors of the company has announced a record date for bonus shares, following which the stock is in focus. Following the announcement, the IRB Infrastructure Developers Ltd. (IRB) share price closed at Rs 41.15 on the NSE as of March 25, 2026. This represents a gain of approximately 1.28% from the previous close. Whereas, the total market cap of the company reached Rs 24,850.49 Cr during the session.

IRB Infrastructure Developers Bonus Shares Record Date

"With reference to above and in furtherance to our disclosure dated February 13, 2026, we wish to inform that the shareholders of the Company has through Postal Ballot, on March 23, 2026, inter-alia approved the issuance of Bonus Equity Shares in the proportion of 1 (one) new equity share of Re.1/- each for every 1(one) existing equity share of Re.1/- each fully paid up. Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, the Company has fixed Wednesday, April 1, 2026, as the "Record Date" for the purpose of determining the shareholders eligible for issuance and allotment of Bonus equity shares," confirmed IRB Infrastructure Developers in a regulatory statement.

IRB Infrastructure Developers Bonus Issue Allotment Date

"Further, in accordance with SEBI circular no. CIR/CFD/PoD/2024/122 dated September 16, 2024, the deemed date of allotment of the bonus equity shares shall be next working day, i.e. Thursday, April 2, 2026. The said Bonus equity shares will be made available for trading on the next working date from the deemed date of allotment," IRB Infrastructure Developers has also informed the stock exchanges.

IRB Infrastructure Developers Target Price

"IRB Infra stock price is bearish on the Daily charts with strong resistance at 41.5. A Daily close below support of 39.75 could lead to a target of 34.5 in the near term," commented A R Ramachandran, part-time SEBI-registered Research Analyst, Tips2trades.

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