DMR Engineering Limited's Board has approved the allotment of 63,82,206 fully paid-up Bonus Equity Shares.

These shares, with a face value of Rs. 10 each, will be issued in a ratio of 8 new equity shares for every 5 existing fully paid-up equity shares.

This move will increase the company's equity base, benefiting shareholders whose names appear in the Register of Members on the record date, by giving them additional shares without any cost, potentially increasing liquidity and shareholder value.