DMR Hydroengineering & Infrastructures, a BSE SME-listed company, was in the spotlight on Wednesday, August 20.
Its shares jumped 4.76% to ₹149.80 on the Bombay Stock Exchange (BSE).
This rise came after the company announced a record date for issuing bonus shares in the ratio of 8:5.
On Wednesday, the stock opened at ₹147, compared to its closing price of ₹143 on Tuesday.
Currently, the stock is trading over 39% lower than its 52-week high of ₹208.46, which it had touched on September 15 last year.
Record Date for Bonus Shares
On August 20, the company informed the exchange that it has fixed Thursday, August 28, 2025 as the record date to decide which shareholders will be eligible for bonus equity shares.
Earlier, in July, the board had approved the bonus issue in the ratio of 8:5. This means that for every 5 fully paid-up shares, investors will receive 8 new fully paid-up shares.
Company Performance and Bonus Details
Over the last five years, DMR Hydroengineering’s stock has delivered a strong return, rising by up to 400%.
According to the financial results for the year ending March 31, 2025, the company will use its free reserves and securities premium to fund the bonus issue.
After the allotment, the company’s paid-up share capital will increase from ₹3.98 crore to ₹10.37 crore.
