Samvardhana motherson bonus shares: The bonus shares allotted by the

The bonus shares allotted by the Company shall rank pari passu with existing equity shares of the Company. Accordingly, the paid-up Equity Share capital of the Company has increased as follows: Samvardhana Motherson had announced a 1:2 bonus issue along with its fourth quarter results in May this year. This means, shareholders who had the shares of the company as of Thursday's close, will be eligible to receive one bonus share for every two shares that they own. Samvardhana Motherson will issue bonus shares in the ratio of 1:2, which means, eligible shareholders will receive one bonus share for every two shares they hold as of the record date. Board of Directors of Samvardhana Motherson today approved bonus shares in the ratio of 1:2. This means that 1 equity share of Re. 1 each as bonus share fully paid-up, for every 2 existing equity shares of Re 1 each.