IRB Infrastructure Developers Confirms 1:1 Bonus Issue With Record Date April 1, 2026

IRB Infrastructure Developers Ltd shares stayed in focus after the board set a bonus shares record date. On March 25, 2026, the stock closed at Rs 41.15 on NSE. That was about 1.28% higher than the prior close. During the session, the company’s market capitalisation was Rs 24,850.49 Cr.

The company also outlined the key steps for the bonus issue, including eligibility and allotment timing. IRB Infrastructure Developers said shareholders approved the proposal through a postal ballot on March 23, 2026. The bonus ratio is 1:1, meaning one new share for each existing share. The record date was set as April 1, 2026.

"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.

"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.

The company’s update set out the sequence for eligibility, allotment, and trading. The schedule below reflects the dates stated in the exchange communication. Investors typically track these milestones to understand when holdings may reflect additional shares. The bonus shares are equity shares with a face value of Re.1 each.

Event	Date
Postal ballot approval	March 23, 2026
Record date	Wednesday, April 1, 2026
Deemed date of allotment	Thursday, April 2, 2026
Trading availability	Next working date from the deemed date of allotment

IRB Infrastructure Developers bonus shares and target price view

"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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IRB Infrastructure Developers detailed a 1:1 bonus issue, with April 1, 2026 as the record date. The deemed allotment date is April 2, 2026, followed by trading from the next working day. The stock ended March 25, 2026 at Rs 41.15, while the market cap stood at Rs 24,850.49 Cr during the session.