ScoutQuest5 Oct 2026
Maestros Electronics & Telecommunications Systems538401Bonus issue news

Board approves and allots 55,10,237 bonus equity shares in 1:1 ratio

Board approved and allotted 55,10,237 fully paid-up bonus equity shares of Rs. 10/- each.

1,10,20,474×2.00
Before55,10,237After1,10,20,474
Paid-up share capital bonus issue (shares: 55,10,237 (Before) and 1,10,20,474 (After).
Bonus Ratio
1:1 — 1 new bonus share for every 1 existing fully paid-up equity share of Rs. 10/-
Bonus Shares Allotted
55,10,237 fully paid-up bonus equity shares of Rs. 10/- each
Record Date
Thursday, October 1, 2026
Paid-up Capital (After)
Rs. 11,02,04,740/- (1,10,20,474 shares)
Paid-up Capital (Before)
Rs. 5,51,02,370/- (55,10,237 shares)

What was announced

The Board of Directors of the company, through a circular resolution passed on Monday, October 5, 2026, approved and allotted 55,10,237 (Fifty-Five Lakh Ten Thousand Two Hundred Thirty-Seven) fully paid-up bonus equity shares of Rs. 10/- (Rupees Ten only) each.

Capital before and after

The face value of each share stays at Rs. 10/-. What changes is the number of shares, which doubles from 55,10,237 to 1,10,20,474, and with it the paid-up capital amount, which rises from Rs. 5,51,02,370/- to Rs. 11,02,04,740/-.

How to read this

A bonus issue is the company issuing extra shares to existing shareholders in proportion to what they already hold. In this case the proportion is one new share for every one share held, so an eligible shareholder holding a given number of shares receives an equal number of additional shares.

The shares allotted are fully paid-up equity shares of Rs. 10/- each, and they carry the same rights as the existing equity shares, ranking pari-passu. For shareholders, the practical points to note are the 1:1 ratio, the Record Date of Thursday, October 1, 2026 which decided eligibility, and the credit of the new shares within the statutory time limits.

More numbers
  • Bonus equity shares allotted55,10,237
  • Bonus issue ratio1:1
  • Face value per equity shareRs. 10/-
  • Paid-up share capital before bonus issue (shares)55,10,237
  • Paid-up share capital before bonus issue (amount)5,51,02,370/-
  • Paid-up share capital after bonus issue (shares)1,10,20,474
  • Paid-up share capital after bonus issue (amount)11,02,04,740/-
Source: BSE · 5 Oct 2026

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