Studds Accessories Limited in its Board Meeting held on December 24, 2024 has fixed Friday, January 10, 2025 as the “Record Date” for the purpose of determining the eligibility of members entitled for Bonus Equity Shares in the proportion of 1:1 i.e. 1 (one) new bonus equity share of face value of Rs. 5/- each fully paid-up, for every 1 (one) existing fully paid-up equity share of value of Rs. 5/- each.
The Bonus Equity Shares shall be allotted to the members of the company whose names appear in the Register of Members maintained by the Depositories, as on the Record Date, and shall be subject to the provisions of Memorandum & Articles of Association of the Company and shall rank pari passu in all respects and carry the same rights as the existing fully paid equity shares of the Company.