3:1 Bonus Shares To Be Dispatched By NBFC Stock, Record Date Is Out; What Chart Pattern Says?

A BSE-listed Non-Banking Financial Company (NBFC), Shalibhadra Finance Limited (SFL) specializes in providing services to underbanked, rural, and semi-urban regions in Gujarat, Maharashtra, and Madhya Pradesh. The company mainly functions as an asset finance firm, providing a variety of tailored retail services such as consumer durable financing, used vehicle loans, and two-wheeler loans.

Shalibhadra Finance Bonus Shares

"We wish to inform you that Shalibhadra Finance Limited ("the Company") has fixed the "Record Date" as Wednesday, 4th June, 2025 (T day) in order to determine the number of shareholders entitled for Bonus Equity shares in the ratio of 3:1 (i.e., Three Equity Shares of Rs. 10/- each fully paid up for every One Equity Share of Rs. 10/- each fully paid up held as on the record date decided for this purpose)," said Shalibhadra Finance in a stock exchange filing.

Shalibhadra Finance Bonus Shares Allotment Date

"Further pursuant to the SEBI Circular No. SEBI CIR/CFD/PoD/2024/122 dated 16th September, 2024, we wish to inform you that the deemed date of allotment would be Thursday, 5th June, 2025 (T+1 day) for allotment of 2,31,66,300 fully paid-up Bonus Equity Shares of Rs. 10/- each in the proportion of 3:1 (i.e., Three Equity Shares of Rs. 10/- each fully paid up for every One Equity Share of Rs. 10/- each fully paid up held as on the record date decided for this purpose) to the eligible shareholders as on the record date," Shalibhadra Finance confirmed in a regulatory filing.

"Further, the Company undertakes to submit the requisite documents to the depository for credit of the bonus equity shares in the depository system latest by 12:00 p.m. and will ensure that the fully paid-up Bonus Equity Shares will be made available for trading on the next working date from the date of allotment (T+2 day) i.e. Friday, 6th June, 2025," informed Shalibhadra Finance to stock exchanges.

Shalibhadra Finance Q4 Results Date

"This is to inform you that Meeting of the Board of Directors of the company is scheduled to be held on Thursday, 29th May, 2025 to consider and approve, inter alia: 1. To consider and approve the Standalone Audited Financial Result of the Company for the Quarter & year ended 31st March, 2025. 2. To recommended dividend, if any. 3. Any other matter, if any. Further, pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015, the Trading Window for dealing in the Company's Securities is already closed from 1st April 2025 till 48 hours after results are made public on 29th May, 2025, for all the directors / officers / designated employees of the Company," Shalibhadra Finance stated in a stock exchange filing.

Shalibhadra Finance Share Price Target

"Shalibhadra Finance stock price is bearish on the Daily charts with strong resistance at 578. A Daily close below support of 518 could lead to a target of 480 in the near term," commented A R Ramachandran, independent research analyst.

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