A very good news has emerged for the shareholders of the leading IT company Tech Mahindra. Along with the financial results of the second quarter of the current financial year 2026-27, the company has given a big gift to its investors and has officially announced the issuance of Bonus Shares. The company's board of directors has recommended issuing bonus shares in the ratio of 1:1, which means investors will get one new share free for every share held. What is the complete mathematics of 1:1 bonus share? According to the information given by Tech Mahindra, under this proposal, eligible shareholders will be given 1 new bonus share free of cost for every 1 fully paid-up equity share held by them. However, this proposal of the company is yet to be approved in the general meeting of shareholders. As per the company's proposal, the face value of each new bonus share will be ₹5, which is exactly the same as the face value of the existing equity shares. To meet this bonus issue, the company will use funds in its securities premium account, general reserve, retained earnings or other permitted reserves. For this, the available capital will be capitalized on the basis of the audited data of the financial year ending March 31, 2026. Also recommended to increase the authorized share capital. Along with this big decision of issuing bonus shares, the board of Tech Mahindra has also decided to increase the authorized share capital of the company. It is recommended to increase the authorized capital of the company to ₹1,000 crore from the current ₹924.3 crore. For this, necessary amendments will be made in Clause V(a) of the Memorandum of Association (MoA) of the company, which will also be approved by the shareholders in the upcoming general meeting. When is the record date (Record Date Details) At present, Tech Mahindra has not announced the record date for the bonus shares. The company has clarified that record date information will be shared separately soon to determine the identity of eligible and deserving shareholders for bonus shares. This entire bonus issue proposal will be sent through Postal Ballot for the approval of the shareholders, after which the further process will be completed.
