Accedere Limited has officially communicated to BSE Limited regarding the record date for its upcoming bonus share issue, following a board meeting conducted on February 27, 2026. The company has set March 6, 2026 as the crucial date for shareholders to be eligible for the bonus allocation.

Board Meeting and Official Communication

The Board of Directors convened on February 27, 2026, with the meeting commencing at 12:30 PM and concluding at 12:35 PM. During this brief but significant session, the board made the important decision regarding the record date for the bonus share issue. The company promptly communicated this decision to BSE Limited through an official letter addressed to the Corporate Services department.

Bonus Share Allocation Structure

The company has announced a bonus share ratio that will benefit existing shareholders significantly. The key details of the bonus issue are structured as follows:

Under this arrangement, shareholders will receive one bonus equity share for every ten existing equity shares held. Both the bonus shares and existing shares carry a face value of ₹ 10 each and will be fully paid-up.

Regulatory Compliance

The decision has been made in strict adherence to regulatory requirements. Accedere Limited has ensured compliance with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with other applicable provisions. This regulatory framework governs the procedures for record date fixation and bonus share issuance.

Administrative Details

The official communication was signed by Neelam Rajendra Purohit, serving as the Compliance Officer for Accedere Limited. The digital signature was applied on February 27, 2026, at 12:39:00 +05'30', shortly after the board meeting concluded. This prompt communication ensures timely disclosure to the stock exchange and shareholders regarding the important corporate action.

Accedere Limited successfully conducted its Extra Ordinary General Meeting (EGM) on February 26, 2026, via Microsoft Teams video conference, achieving unanimous approval for bonus share issuance to existing non-promoter shareholders. The meeting was held from 12:30 PM to 12:36 PM at the company's registered office located at 119, Andheri Industrial Estate, Off Veera Desai Road, Andheri West, Mumbai 400 053.

EGM Proceedings and Voting Results

The company's primary agenda item for bonus share issuance received overwhelming support from shareholders across all categories. The voting results demonstrate complete consensus among participants, with no votes recorded against the resolution.

E-Voting Implementation and Timeline

The company implemented a comprehensive e-voting facility managed by MUFG Intime (India) Private Limited (previously Link Intime India Private Limited) in compliance with the Companies Act, 2013, and Regulation 44 of the Listing Regulations. Mr. V. Ramachandran of V.R. Associates served as the appointed scrutinizer for the voting process.

Scrutinizer's Report and Validation

Mr. V. Ramachandran submitted the consolidated scrutinizer's report confirming that all procedural requirements were met during the remote e-voting process. The report validated that 5 members participated in the e-voting, casting a total of 35,65,164 votes in favor of the bonus share resolution with zero invalid votes recorded.

Regulatory Compliance and Documentation

The meeting proceedings and voting results were formally communicated to BSE Limited's Department of Corporate Services under Regulation 44(3) of the SEBI Listing Regulations. The documentation was digitally signed by Company Secretary Neelam Purohit on February 26, 2026, ensuring complete regulatory compliance.

The unanimous approval marks a significant milestone for the company's capital restructuring initiative, with the bonus share issuance specifically benefiting non-promoter shareholders as outlined in the ordinary resolution.