Frontier Springs Bonus Issue Record Date is Tomorrow, March 13, 2026

Frontier Springs Ltd has revised the record date for its proposed bonus share issue, with the new date set for Friday, March 13, 2026. The record date was earlier scheduled for March 6, 2026, but the company has now updated the timeline to determine eligible shareholders for the bonus allotment.

Details of the Bonus Issue

The company has announced a bonus issue in the ratio of 2:1. This means that shareholders will receive two new fully paid-up equity shares for every one existing equity share they hold. Each equity share carries a face value of ₹10.

The bonus shares will be issued to shareholders whose names appear in the company’s records as of the close of business on the revised record date. This announcement is subject to the approval of the company’s members.

Revised Allotment and Trading Timeline

Following the revision of the record date, the company has also updated the deemed date of allotment of the bonus shares. As per the applicable regulatory guidelines, the deemed date of allotment will now be Monday, March 16, 2026.

Once allotted, the bonus shares are expected to be available for trading on the next working day. Accordingly, the newly issued shares are scheduled to start trading on Tuesday, March 17, 2026, subject to shareholder approval and completion of necessary procedures.

Regulatory Compliance

The revised schedule follows the guidelines outlined in the circular issued by the Securities and Exchange Board of India dated September 16, 2024. The circular provides the framework for determining the deemed allotment date and trading eligibility when there is a change in the record date for corporate actions such as bonus issues.

Also Read: IRFC OFS Sees Limited Retail Participation!

Conclusion

With the record date now set for March 13, 2026, shareholders of Frontier Springs should ensure they hold the company’s shares before the deadline to qualify for the 2:1 bonus issue. The updated timeline clarifies the allotment and trading schedule, providing investors with a clear view of when the additional shares will be credited and become tradable.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a private 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.