Avax Apparels and Ornaments Ltd. Sets Record Date for Bonus Share Issue
Avax Apparels and Ornaments Ltd. has announced April 7, 2026, as the record date for a bonus share issue. The company will issue three bonus equity shares for every one existing share held. Each share has a face value of ₹ 5.The bonus share allocation will impact shareholders ranking pari-passu. According to SEBI circular no. CIR/CFD/PoD/2024/122 dated September 16, 2024, the deemed date of allotment for the bonus equity shares is April 8, 2026.
Below is a table outlining the details of the record date:
| Security Code | Type of security and paid-up value | Record Date | Purpose |
|---|---|---|---|
| BSE: 544337 | Equity Shares Rs. 1,03,91,580/- (Rs. 5/- per equity share) | Tuesday, April 07, 2026 | Determining entitlement of Equity Shareholders for the purpose of issue of bonus equity shares in the ratio of 3:1, i.e., Three (3) bonus equity share offace value of 35/- each for every one (1) fully paid-up equity share of face value of ¥5/- each. |
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