Riddhi Steel and Tube Limited Announces Bonus Issue of Equity Shares

Riddhi Steel and Tube Limited has announced a bonus issue of equity shares, underlining its intent to reward existing shareholders and improve participation in the stock. Under this corporate action, investors will receive one (1) bonus equity share of ₹10 face value for every two (2) shares held.

A bonus issue increases the number of shares in your demat account, while the overall value of your investment remains proportionately the same because the market price adjusts to reflect the new share count. Such steps are typically aimed at improving liquidity and making the stock more accessible to a wider base of investors.

Key Details of the Bonus Issue

The record date to determine eligible shareholders has been fixed as February 17, 2026. Investors who hold shares of Riddhi Steel and Tube Limited as of this date will automatically receive bonus shares in the specified ratio. No separate action or application is required from shareholders.

This move highlights the company’s focus on strengthening shareholder participation while broadening the equity base.

Example: Impact on Your Holdings

• If you hold 1,000 shares, you will receive 500 bonus shares, taking your total to 1,500 shares.

• If you hold 2,000 shares, you will receive 1,000 bonus shares, taking your total to 3,000 shares.

While the share price will adjust according to the 1:2 ratio, the total value of your investment remains aligned with the market.

Change in Market Lot