A Oneindia Venture

Generous 2:1 Bonus Share: Shareholders To Get 2 Bonus Shares For Every 1 Held, Record Date In July; Buy?

An Indian producer of industrial pumps, Roto Pumps Ltd. focuses on positive displacement pumps such as twin screw and progressive cavity pumps. The firm was established in 1968 and is a pioneer in India for progressive cavity pumps. Wastewater, sugar, paper, oil and gas, and food and beverage are just a few of the sectors that Roto Pumps supplies. With operations on five continents and exports to more than 50 nations, it is a major participant on the world stage.

2:1 Bonus Shares: Record Date In July; Should Traders Buy This Small-Cap Stock?

Roto Pumps Bonus Shares

The Board of Directors has fixed Friday, July 11, 2025 as the record date for the issue of bonus equity shares in a ratio of 2:1 i.e. 2 equity shares of Rs 1/- each fully paid up for every 1 equity share of Rs 1/- each fully paid up held as on the record date decided for this purpose, said Roto Pumps in a stock exchange filing.

"The Bonus Shares once allotted shall rank pari-passu in all respects and carry the same rights as the existing Equity Shares except that these Bonus Shares shall not be eligible for the final equity dividend for the financial year ended March 31, 2025. Further, the final equity dividend for the financial year ended March 31, 2025 shall be paid to the shareholders as on Record Date, (if approved by the Members of the Company in ensuing Annual General Meeting) as determined for Bonus Issue i.e., the Record Date for Bonus Issue of Equity Shares and payment of final equity dividend for the financial year ended March 31, 2025 shall be same," Roto Pumps said in a regulatory filing.

"Further, in accordance with SEBI circular dated September 16, 2024, the deemed date of allotment of Bonus Equity Shares shall be Monday, June 14, 2025, and these Bonus Shares will be made available for trading on the next working day of allotment i.e. Tuesday, June 15, 2025," Roto Pumps informed stock exchanges.

Roto Pumps Upcoming Dividend

The Board of Roto Pumps has recommended a final dividend of Rs 0.80/- per equity share of Rs 1/- each i.e. 80% for the financial year ended March 31, 2025.

The Board of Directors has "fixed the Record Date for payment of the final dividend for the financial year ended March 31, 2025 (subject to the approval of the Members in ensuing Annual General Meeting) and for issue of Bonus Issue of Equity Shares (subject to approval of the Members through Postal Ballot) as July 11, 2025," Roto Pumps confirmed in a regulatory statement.

Roto Pumps Share Price Target

"Roto Pumps stock price is bearish on the Daily charts with strong resistance at 299. A Daily close below support of 284 could lead to a target of 264 in the near term," commented A R Ramachandran, independent research analyst.

Disclaimer

The recommendations made above are by market analysts and are not advised by either the author, nor GoodReturns. The author, nor the brokerage firm nor GoodReturns would be liable for any losses caused as a result of decisions based on this write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.

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