5 Shares For The Price of 1? Own This Stock Before July 25 To Unlock 5x Equity—Key Note On 5:1 Stock Split

Global semiconductor manufacturer RIR Power Electronics has been producing power semiconductors for more than 50 years in collaboration with International Rectifier, USA. Following the company's announcement of the record date for a 5:1 stock split, RIR Power Electronics' shares closed Friday's final trading session 2.76% higher on the BSE at Rs 1357.65 per share. The market cap reached Rs 2,083.65 Cr.

RIR Power Electronics Stock Split

"Pursuant to Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that, the Company has fixed Friday, 25th July, 2025 as the "Record Date" for the purpose of determining the eligibility of shareholders for sub-division/ stock split of existing 1 (One) Equity Share of face value of Rs.10/- (Rupees Ten Only) each fully paid up into 5 (Five) Equity Shares of face value of Rs.2/- (Rupees Two Only) each fully paid up, as approved by the shareholders through Postal Ballot on 3rd July, 2025," said RIR Power Electronics in a stock exchange filing.

RIR Power Electronics Bonus Shares Allotment

"Pursuant to the recommendation of Board of Directors of the Company at the duly convened Board Meeting on Thursday, 29th May, 2025 and subsequent approval of the Shareholders through Postal Ballot on Thursday, 3rd July, 2025, we wish to inform you that the Board of Directors at their meeting held today i.e. Monday, 14th July, 2025 have approved allotment of 76,73,725 Equity Shares having face value of Rs.10 /- each as fully paid-up Bonus Equity Shares, in the ratio of 1:1 i.e. 1 (One) New Equity Share having face value of Rs.10 /- each for every existing 1 (One) equity shares held, having face value of Rs.10 /- each, to those Shareholders whose names appear in the Register of Members on the record date fixed for this purpose. Further, the Company has also kept a reserve of 2,83,515 Equity Shares for the purpose of bonus issue of equity shares to the preferential warrant holders upon conversion of the said warrants into equity shares," RIR Power Electronics recently confirmed in a regulatory filing on 14th July.

"The Bonus Shares allotted as above shall rank pari- passu with the existing Equity Shares of the Company and shall be entitled to such dividends and corporate benefits, if any, declared by the Company after the said allotment," RIR Power Electronics further stated.

In order to determine which shareholders are eligible to receive bonus equity shares in a 1:1 ratio, the company had fixed Friday, July 11, 2025, as a record date.

RIR Power Electronics Share Price Target

"RIR Power stock price is slightly bullish on the Daily charts with strong support at 1285. A Daily close above resistance of 1400 could lead to a target of 1566 in the near term," commented A R Ramachandran, independent research analyst.

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