Investment & Precision Castings Ltd. (IPCL) has announced a bonus issue for its shareholders in the ratio of 1:1. This means that for every one existing equity share of ₹10 held, shareholders will receive one additional equity share of ₹10. This move is aimed at rewarding shareholders and enhancing the overall equity base of the company and was approved during the Extraordinary General Meeting (EGM) held on 13th June 2025 and has fixed 27th June 2025 as the record date.
According to SEBI’s circular, the deemed allotment date for these bonus shares will be Monday, 30th June 2025. These shares will become available for trading on the next working day, i.e., Tuesday, 1st July 2025. The bonus issue aims to reward existing shareholders and increase liquidity in the market. All key depositories and share transfer agents have been duly informed of these developments.
Founded in 1975 and headquartered in Bhavnagar, Gujarat, Investment & Precision Castings Ltd. (IPCL) is a leading manufacturer in the precision castings industry. With the tagline “You Design, We Cast,” the company specialises in delivering high-quality investment castings tailored to customer specifications. It has established a strong footprint across India and global markets.
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As of June 20, 2025, at 9:24 AM, Investment & Precision Castings share price is trading at ₹966.90 per share, a surge of 2.26%. Over the past month, the stock has declined by 4.42%. The stock's 52-week high stands at ₹1,049 per share, while its low is ₹545 per share.
The bonus share issue by IPCL reflects the company’s commitment to rewarding its shareholders and strengthening investor confidence through increased equity participation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jun 20, 2025, 3:40 PM IST
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