Meeting Date
September 29, 2026
Bonus Issue Summary
- Bonus Ratio: 1:1 (One fully paid-up bonus equity share of ₹10 each for every one existing equity share of ₹10 each)
- Record Date: September 28, 2026
- Source of Bonus: Not explicitly specified in the document
- Pre-bonus Paid-up Share Capital: ₹44,14,21,900 divided into 4,41,42,190 equity shares of ₹10 each
- Post-bonus Paid-up Share Capital: ₹88,28,43,800 divided into 8,82,84,380 equity shares of ₹10 each
- Change in Number of Shares: Increase from 4,41,42,190 shares to 8,82,84,380 shares (100% increase)
- Estimated Allotment/Credit Date: Not specified
- Shareholder Approval Required: Not specified
- Increase in Authorised Share Capital Required: Not disclosed
Financial Impact
The bonus issue results in a mechanical doubling of the company's paid-up share capital from ₹44.14 crore to ₹88.28 crore. The number of outstanding shares increases from 4.41 crore to 8.82 crore shares, representing a 100% expansion in share count. This will result in proportional dilution of earnings per share and other per-share metrics, though the document does not provide specific financial results or EPS calculations.
The document does not disclose the specific source of funds for the bonus issue, financial performance metrics, or any linkage to long-term capital allocation policy.
Other Board Decisions
No other board decisions or actions were mentioned in the document beyond the bonus share allotment.