Divine Hira Jewellers 2:1 Bonus Issue: July 2026 Dates

What the company has announced

Divine Hira Jewellers Ltd (DIVINEHIRA) has announced a bonus share issue in the ratio of 2:1. This means eligible shareholders will receive two additional equity shares for every one equity share held as of the record date. The company has described the move as a way to reward existing shareholders and improve liquidity. Multiple exchange and media summaries around the event repeat the same core terms: 2:1 ratio and eligibility based on holdings on the record date. The bonus issue is also described as the company’s first-ever bonus issuance.

Key dates investors need to track

The record date for the bonus issue has been fixed as July 2, 2026. The ex-bonus date is also stated as July 2, 2026 in the company-level summary provided. Market guidance in the supplied tables also highlights a cum-date of July 1, 2026, implying investors must buy on or before July 1 for the shares to be eligible by the record date (T+ settlement considerations). Another eligibility line reiterates that shares bought on or after July 2, 2026 will not be eligible for the bonus. Investors typically use the ex-date and record date combination to plan purchases, but the operational rule remains: holdings must be in the demat account by the record date.

Record date revision and what changed

The company has also disclosed that it revised the record date for its 2:1 bonus issue to July 2, 2026, correcting an inadvertent error. In earlier communication referenced in the provided text, the record date was mentioned as June 30, 2026 with a deemed allotment date of July 1, 2026. The later update states that the deemed date of allotment is July 3, 2026, which is T+1 from the revised record date. The company said other terms of the bonus issue remained unchanged. For investors, the practical takeaway is to rely on the revised record date of July 2, 2026 when checking eligibility.

Eligibility: who will receive the bonus shares

Eligibility is based on being a registered shareholder as on the record date, July 2, 2026. The text states that the investor’s name must appear in the company’s shareholder register and the shares must be held in demat or physical form. It also notes that shares should be fully paid up. Another table summarises eligibility as shareholders holding or buying shares on or before the cum-date (July 1, 2026). In simple terms, investors need to ensure their purchase is completed early enough for the shares to be credited to their demat account by the record date.

Bonus ratio explained with the company’s wording

The bonus ratio is stated as 2:1 and also explained as “2 new shares for 1 existing share.” This implies the shareholder’s share count will increase based on holdings as of the record date. The provided text also includes a simplified explanation that bonus shares will be allocated for every share held. While some lines use broad phrasing, the board announcement portion is explicit: shareholders receive two additional shares for every one share held.

Allotment size, face value, and regulatory references

Divine Hira Jewellers will allot 2,60,94,200 fully paid-up bonus equity shares with a face value of Rs. 10 each. The issue is stated to be under Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Shareholder approval for the bonus issue (and an increase in authorised share capital) was received through a postal ballot, with results dated June 11, 2026 showing 100% assent and over 11.39 million votes cast in favour. The National Stock Exchange of India granted in-principle approval for the issue on June 22, 2026.

Credit timelines: what the article data indicates

The supplied text contains more than one credit timeline reference. One section says the credit process typically takes 7-15 working days from the record date. Another table states the credit timeline as within 2 trading days from the record date (July 2, 2026). A separate disclosure states the company would submit requisite documents to the depository for credit of the bonus shares by 12:00 noon on the allotment date, and also notes a trading schedule aligned to a SEBI circular dated September 16, 2024 (SEBI/HO/CFD/PoD-2/P/CIR/2024/122). In addition, the FY26-results-linked note says bonus shares are estimated to be credited or dispatched on or before July 7, 2026.

Snapshot table: dates and key terms

Financial context cited alongside the bonus plan

Alongside the corporate action, the provided text references Divine Hira Jewellers’ FY26 performance. It states revenue surged to ₹883.83 crore (₹88,382.64 lakh) and net profit rose to ₹7.13 crore (₹712.55 lakh). The company also initiated a postal ballot process to obtain approval for both the bonus issue and an increase in authorised share capital. The authorised share capital increase cited is from ₹15.00 crore (₹15,00,00,000) to ₹39.50 crore (₹39,50,00,000). The same note mentions the remote e-voting window from May 13 to June 11, 2026, and a cut-off date of May 8, 2026 for determining shareholder eligibility for e-voting.

Market impact and what changes for shareholders

The text notes that the bonus issue is aimed at rewarding shareholders and improving market liquidity. It also explicitly states that the bonus allotment does not affect trades or P&L in the sense that shares are allotted based on holdings as of the record date. As with any bonus issue, the key operational impact is on the number of shares held, while eligibility depends on being on the register as of the record date. Investors tracking the event should focus on the ex-date and record date for eligibility, and the deemed allotment date for the post-allotment trading timeline referenced in the disclosure.

Conclusion

Divine Hira Jewellers’ 2:1 bonus issue is scheduled around a July 2, 2026 record date, with a deemed allotment date of July 3, 2026 and allotment of 2,60,94,200 bonus equity shares of Rs. 10 face value. The company has also stated that the record date was revised to July 2 to correct an earlier error, while keeping other terms unchanged. For investors, the practical step is to ensure shares are held in demat on or before July 1, 2026 so they are reflected by the July 2 record date. The company has outlined depository submission timelines and indicated the shares will be credited after the record date as per applicable processes.