Outcome of Committee Meeting-Allotment of equity shares pursuant to issuance of Bonus Shares of the Company.
BONUS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 16 Mar 2026, 09:23 AM IST · BSE ID: 5395875c-12ea-452e-99da-8711b7dc4536
View Original BSE Filing (PDF)
💡
In Simple Terms
Frontier Springs gave shareholders 2 free shares for every 1 share they owned, tripling the total share count.
🤖 AI Summary
- Allotment Committee approved 78,77,022 bonus shares in 2:1 ratio on March 16, 2026
- Record date fixed as March 13, 2026 for all eligible equity shareholders
- Paid-up capital increased from Rs. 3,93,85,110 to Rs. 11,81,55,330 post-allotment
- Bonus shares trading commenced March 17, 2026; rank pari-passu with existing shares
- Total equity shares increased from 39,38,511 to 1,18,15,533 with Rs. 10 face value each
🔢 Key Numbers — exact figures from BSE filing, not rounded
Bonus shares allotted
78,77,022 equity shares
Bonus ratio
2:1 (2 new for every 1 existing)
Record date
March 13, 2026
Pre-allotment paid-up capital
Rs. 3,93,85,110
Post-allotment paid-up capital
Rs. 11,81,55,330
Pre-allotment share count
39,38,511 equity shares
Post-allotment share count
1,18,15,533 equity shares
Face value per share
Rs. 10
Trading commencement date
March 17, 2026
🏢 How This Affects the Company
Paid-up equity capital tripled from Rs. 3,93,85,110 to Rs. 11,81,55,330. No cash outflow; bonus funded from existing reserves. Share count increased from 39,38,511 to 1,18,15,533 shares.
👥 What This Means For Shareholders
✅
Action Required
No action required. Shareholders who held shares on March 13, 2026 record date automatically received bonus allotment credited to demat accounts.
👤
Who Is Affected
All equity shareholders whose names appeared in the Register of Members or Register of Beneficial Owners as of March 13, 2026. Each holding increased by 2 new shares per 1 existing share held.
🔍
Management Signal
Board has approved capital restructuring to enhance share liquidity and retail participation without impacting cash reserves or operational structure.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Monitor stock price and trading volume post-bonus to track liquidity impact
Check Q4 FY26 results for impact on EPS and dividend decisions
Track any management commentary on future capital allocation or bonus splits
LOW RISK
Bonus is routine capital restructuring funded from reserves. No execution risk. No impact on debt, profitability, or operational structure.
💡 Investor Takeaway
Frontier Springs allotted 78,77,022 bonus shares in 2:1 ratio to shareholders on record as of March 13, 2026. Paid-up capital increased from Rs. 3,93,85,110 to Rs. 11,81,55,330. Bonus shares trading live March 17, 2026. No cash requirement; funded from reserves.
⚖️ Strengths & Concerns
✅ Positives
- Bonus allotment completed smoothly per regulatory timeline with clear record date March 13, 2026
- Improved liquidity and accessibility — share count tripled from 39,38,511 to 1,18,15,533 shares