Maestros Electronics & Telecommunications Systems has set an October timetable for its shareholder-approved 1:1 bonus issue. The record date is October 1, 2026, but the company schedules the new shares to become available for trading only from October 6.
Its September 24 filing provides an intervening deemed-allotment date of October 5. The distinction matters to holders tracking when an entitlement becomes additional tradable stock.
What the company has approved
The record-date notice refers to the board’s August 24 recommendation and shareholder approval at the September 23 AGM. The AGM voting filing provides the associated shareholder record.
Eligible members are due one new fully paid share of ₹10 face value for every existing ₹10 share. The company gives the bonus allotment size as 55,10,237 equity shares, with the new shares carrying the same rights as the existing equity.
Three milestones, not one instant credit
October 1 determines the eligible shareholding. October 5 is the scheduled deemed date of allotment. October 6 is the planned trading-availability date. These are the company’s announced dates; this article does not certify completed allotment or an already-visible demat credit.
A holder eligible on 100 shares would receive 100 additional shares under the stated ratio. Shareholders should reconcile the eventual credit with the eligible quantity and follow any subsequent operational notice from the company or exchange.
How to interpret a bonus-adjusted holding
The increase in share count does not by itself create an equivalent increase in wealth. Comparisons of prices and per-share financial measures across the bonus need to account for the changed number of shares.
The event therefore merits a timetable-focused report rather than a promise of a rally. CapKet has not presented a target price or assumed that the scheduled trading start is already confirmed as completed. This is general corporate-action news, not advice to transact.