1:1 Bonus Issue Allotment Date On March 6; Why NBFC Anand Rathi Shares Fell 7% On Ex-Date? Buy Or Sell!

The NBFC player turned ex-bonus on March 5, which was also its record date to determine the eligibility of shareholders entitled to allotment of Bonus Equity Shares. The bonus issue ratio is of 1:1.

Following this, the deemed date of allotment would be Thursday, 06th March 2025 (T+1 Day) for allotment of 415,10,317 fully paid-up Bonus Equity Shares of Rs. 5/- each in the proportion of 1:1 i.e. 1 (One) new fully paid-up equity share of Rs. 5/- (Rupees Five only) for every 1 (One) existing fully paid-up equity share of Rs. 5/- (Rupees Five only) to the eligible shareholders as on the record date.

It said, the Company undertakes to submit the requisite documents to the depository for credit of the bonus equity shares in the depository system by noon and will ensure that the fully paid-up Bonus Equity Shares will be made available for trading on the next working date from the deemed date of allotment i.e. Friday, 07th March 2025 in accordance with SEBI Circular.