UpdatesCompany Update

RIR Power Electronics Limited has allotted 76,73,725 fully paid-up Bonus Equity Shares, distributed in a 1:1 ratio to existing shareholders.

RIR Power Electronics Ltd517035 · Filed with the exchange

This means for every share held, an investor receives one additional bonus share.

As a result, the company's paid-up equity share capital has increased from Rs. 7.67 Cr to Rs. 15.35 Cr.

The company has also reserved 2,83,515 shares for bonus issue to preferential warrant holders upon conversion.

This move significantly expands the company's equity base, potentially boosting share liquidity for investors.

Read the original filing(PDF)

No comments yet. Be the first.

More from RIR Power Electronics Ltd

All announcements