Frontier Springs Limited has published newspaper advertisements regarding the record date for issue of bonus equity shares, fulfilling its disclosure obligations under SEBI regulations. The company submitted the newspaper clippings to BSE Limited on 03.02.2026.

Regulatory Compliance Details

The company published advertisements in two newspapers on 03.02.2026 to inform stakeholders about the bonus shares record date:

Stock Exchange Communication

The newspaper clippings were formally submitted to BSE Limited as part of the company's listing compliance requirements. The communication included the following details:

Company Information

Frontier Springs Limited operates from its registered office and factory located at KM 25/4, Kalpi Road, Rania, Kanpur Dehat, Uttar Pradesh. The company maintains its corporate identification number as L17119UP1981PLC005212.

Authorization and Submission

The newspaper clippings submission was authorized and digitally signed by Dhruv Bhasin, who serves as the Company Secretary & Compliance Officer. The digital signature was executed on 03.02.2026 at 12:32:01 +05'30' from Kanpur.

This disclosure ensures transparency and keeps all stakeholders informed about the bonus shares issuance process, maintaining compliance with SEBI's listing obligations and disclosure requirements.

Frontier Springs Limited's board of directors convened on January 22, 2026, to approve several significant corporate actions, headlined by a bonus share issue that will benefit existing equity shareholders. The meeting, held at the company's registered office in Kanpur Dehat, concluded with multiple resolutions that require shareholder approval through a postal ballot process.

Bonus Share Issue Details

The board recommended issuing 78,77,022 equity shares as bonus shares in a 2:1 ratio to existing shareholders. Under this arrangement, eligible shareholders will receive two new fully paid-up equity shares of face value ₹10.00 each for every one existing share held as of the record date.

The bonus shares will be issued from the company's securities premium account, general reserves, and surplus available as of March 31, 2025. The company has confirmed adequate reserves for the capitalization, with surplus of ₹1,157.99 crores, securities premium account of ₹22.03 crores, and general reserves of ₹20.00 crores.

Capital Structure Changes

The board approved increasing the authorized share capital from ₹5.10 crores to ₹15.10 crores. This enhancement will accommodate the bonus issue and provide flexibility for future growth initiatives.

Additionally, the board approved cancelling 49,400 unissued forfeited equity shares, which will reduce the issued and subscribed share capital accordingly. This action requires consequent amendments to the company's Articles of Association.

Exchange Delisting Decision

In a strategic move, Frontier Springs decided to voluntarily delist its equity shares from the Calcutta Stock Exchange while maintaining its listing on BSE Limited. This delisting, conducted under SEBI regulations, requires no exit opportunity for shareholders as the company will continue trading on BSE.

Approval Process and Timeline

The company will seek shareholder approval for all resolutions through a postal ballot conducted via e-voting. Key dates for the approval process include:

• Cut-off Date for Voting Eligibility: January 23, 2026
• Record Date for Bonus Entitlement: March 06, 2026
• Expected Bonus Share Credit: On or before March 21, 2026

The board appointed M/s. S. K. Gupta & Co., Company Secretaries, with Mr. S.K. Gupta and Ms. Divya Saxena as scrutinizer and alternate scrutinizer respectively for the postal ballot process. Company Secretary Dhruv Bhasin received authorization to handle all procedural aspects of the postal ballot.

Financial Foundation

The bonus issue draws from audited financial statements for the year ended March 31, 2025, ensuring compliance with regulatory requirements. The company's strong reserve position of over ₹1,200 crores provides substantial backing for the proposed capitalization of ₹78.77 crores required for the bonus issue.

The board meeting commenced at 12:30 PM and concluded at 1:00 PM on January 22, 2026, with all resolutions receiving approval subject to shareholder consent through the upcoming postal ballot process.