Alert Shareholders! Record Date Fixed By This Stock For 1:2 Bonus Shares; Trading Guide Inside

An Indian business called Shilchar Technologies Limited (Shilchar Tech) produces transformers, mostly for the electronics and power industries. Shilchar Tech has a cutting-edge manufacturing plant that can produce 4000 MVA annually. One of the leading producers of power and distribution transformers as well as electronics and telecom equipment in India is Shilchar Technologies Ltd. In 1990, it was established. Following the Board's announcement of the record date for bonus shares, Shilchar Technologies' stock closed Thursday's trading session on the BSE 0.56% higher at Rs 7536.95 per share, with a market capitalization of Rs 5,748.28 Cr.

Shilchar Technologies Bonus Shares

"This is further to our intimation dated April 22, 2025, informing the Shareholders approval for issue of Bonus Shares in the ratio of One (1) new fully paid-up Equity Shares of Rs 10/- each for every 2 (two) existing fully paidup Equity Share of the Company. In this regard, we wish to hereby inform that the Board of Directors has fixed Friday, 06th June, 2025 as the "Record Date" for the purpose of determining the equity shareholders of the Company eligible for bonus equity shares of the Company. Further, in accordance with SEBI circular dated September 16, 2024, the deemed date of allotment of Bonus Shares shall be Monday, 9thJune, 2025, and these Bonus Shares will be made available for trading on the next working day of allotment i.e. Tuesday, 10th June, 2025," said Shilchar Technologies in a stock exchange filing on Thursday, 29th May.

Shilchar Technologies Upcoming Dividend

Subject to shareholder approval at the upcoming Annual General Meeting for Financial Year 2024-2025, the Board of Directors of the firm has recommended a final dividend at 125%, or Rs. 12.50/-per equity share of Rs. 10/-each. In due time, the record date related to the same will be fixed.

Shilchar Technologies Q4 Results

The company's March 2025 quarter net sales of Rs 231.86 crore represented a 119.93% growth over the March 2024 quarter's Rs 105.43 crore. Its net profit increased by 121.3% from Rs. 25.02 crore in Q4FY24 to Rs. 55.36 crore in Q4FY25. In the March 2025 quarter, EBITDA was Rs. 75.83 crore, increasing 117.78% from the March 2024 quarter's Rs. 34.82 crore.

Shilchar Technologies Share Price Target

"Shilchar Technologies stock price is bearish on the Daily charts with strong resistance at 7625. A Daily close below support of 7347 could lead to a target of 6800 in the near term," commented A R Ramachandran, independent research analyst.

Disclaimer

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