Shares Bazaar

R M Drip and Sprinklers Systems inform about outcome of board meeting

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), R M Drip and Sprinklers Systems has informed that the Board of Directors of R M Drip and Sprinklers Systems (the Company), at its meeting held on Monday, 13th April 2026, has approved and allotted 17,84,28,571 (Seventeen Crore Eighty-Four Lakh Twenty-Eight Thousand Five Hundred Seventy-One) fully paid-up Bonus Equity Shares of face value of Re 1 (Rupee One only) each. The bonus shares have been allotted in the ratio of 5:7, i.e., 5 (Five) new fully paid-up Equity Shares of Re 1 each for every 7 (Seven) existing fully paid-up Equity Shares of Re 1 each, held by the shareholders of the Company as on the record date, i.e., Friday, 10th April 2026, fixed for this purpose. Consequent to the aforesaid allotment, the paid-up equity share capital of the Company has increased to Rs 42,82,28,571 (Rupees Forty-Two Crore Eighty-Two Lakh Twenty-Eight Thousand Five Hundred Seventy-One only), comprising 42,82,28,571 equity shares of face value of Re 1 each. The meeting of the Board of Directors commenced at 11:00 AM (IST) and concluded at 11:45 AM (IST).

The above information is a part of company’s filings submitted to BSE.