Samvardhana Motherson proposes 1:2 bonus issue, recommends final dividend of Rs 0.35 per share

Samvardhana Motherson International connected Thursday said its committee has projected a 1:2 bonus stock issue, recommended a last dividend of Rs 0.35 per share, and initiated adjustments for a past fundraise via convertible debentures — each portion reporting its March 4th and full-year earnings.

Shares of the car parts shaper climbed arsenic overmuch arsenic 3.4% to Rs 153.75 connected the BSE pursuing the slew of firm decisions.

The committee approved a connection to contented 1 bonus stock for each 2 shares held, taxable to shareholder support done postal ballot. The institution said the determination was a portion of its aureate jubilee celebrations and backed by beardown fiscal show successful FY25.

“The Board of Directors of the Company successful its gathering held today, i.e., May 29, 2025, person observed and decided to observe 50th Anniversary of Motherson Group Founded successful twelvemonth 1975… and besides upon considering beardown financials of the Company for fiscal twelvemonth 2024-25, approved bonus shares successful the ratio of 1:2,” the institution said successful a filing.

The bonus shares “shall fertile pari-passu successful each respects and transportation the aforesaid rights arsenic existing equity shares.” The grounds day for eligibility volition beryllium fixed and communicated later.

The institution holds the favoritism of being the non-Nifty steadfast with the highest fig of bonus issues, each of which person been successful the aforesaid 1:2 ratio.

CCD accommodation for QIP

In enactment with the projected bonus, the institution said it would set the presumption of its Rs 1,500 crore fundraise via compulsorily convertible debentures (CCDs) issued connected September 20, 2024, nether a Qualified Institutions Placement.

“Therefore, pursuant to presumption of issuance of CCDs, the fig of Equity Shares issuable upon conversion of the CCDs shall… beryllium proportionately adjusted,” the institution said, adding that the determination complies with SEBI regulations and applicable laws.

Dividend grounds day announced

The committee besides recommended a last dividend of Rs 0.35 per stock for FY25, successful summation to the Rs 0.50 interim dividend paid earlier successful the year. Subject to shareholder support astatine the AGM connected August 28, 2025, the dividend volition beryllium paid by September 26, 2025.

The grounds day for determining eligible shareholders has been acceptable arsenic June 23, 2025.

“The last dividend, if declared, by the Shareholders astatine forthcoming AGM shall beryllium paid wrong ...