R M Drip and Sprinklers Systems Bonus Issue
R M Drip and Sprinklers Systems approved a 5:7 bonus issue. The company will capitalize Rs.17.84 Crore from free reserves for this issuance.
- Value
- ₹17.84 Cr
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R M Drip and Sprinklers Systems approved a 5:7 bonus issue. The company will capitalize Rs.17.84 Crore from free reserves for this issuance.
R M Drip approved a 5:7 bonus issue using ₹178.43 million of free reserves (≈₹17.84 Crore). Bonus shares will be credited by 27 April 2026.
R M Drip and Sprinklers Systems Limited allotted 17,84,28,571 bonus equity shares in a 5:7 ratio. This increases the company's paid-up equity share capital to Rs. 42,82,28,571. The allotment follows the record date of April 10, 2026, and involves the capitalisation of reserves without any cash outflow.