Oravel Stays (OYO Rooms) Unlisted Shares
IPO-bound Oyo to consider 1:1 bonus share issue at upcoming AGM
Mint
2 min read
IPO-Bound Oyo to Consider 1:1 Bonus Share Issue at Upcoming AGM.
Expert Analysis:
Board Agenda: Oravel Stays Limited will consider a 1:1 bonus share issue at its 14th Annual General Meeting on Friday, September 26, 2025.
Record Date: After approval, OYO will issue fully paid-up equity shares of ₹1 face value in 1:1 ratio to shareholders as of September 30, 2025.
AGM Notice: OYO is sending the AGM notice and annual report 2024-25 to shareholders listed as of August 29, 2025.
Voting Cut-off: The company has fixed September 19, 2025, as the cut-off date for shareholders’ voting eligibility at the AGM.
Compliance: Bonus shares will be issued in accordance with the company’s memorandum and articles of association.
Share Rights: These shares will rank pari passu with existing fully paid equity shares and carry the same rights.
Bonus issue doubles equity holdings, enhances liquidity, and signals confidence—investors benefit from increased shares with no cash requirement.
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