Kalind Limited has intimated the Bombay Stock Exchange (BSE) regarding the allotment of bonus equity shares pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015.
The Board of Directors meeting was held on July 27, 2026, at the company's Registered Office at Fourth Floor, Office No. 404, White Pearls, Near Galaxy Circle, Pal Gam, Surat, Gujarat, India 395009. The meeting commenced at 9:30 A.M. and concluded at 09:45 A.M.
The Board approved the allotment of 30,47,25,000 (Thirty Crore Forty-Seven Lakh Twenty-Five Thousand) equity shares as bonus shares in the proportion of 1:2. This means one bonus equity share of ₹2 each for every two existing fully paid-up equity shares of ₹2 each.
Eligible members are those whose names appeared in the Register of Members/Register of Beneficial Owners as on the Record Date of July 24, 2026.
The bonus shares will be credited to eligible shareholders' accounts within statutory timelines prescribed under applicable laws.
Capital Structure Impact
The bonus issue significantly increases the company's paid-up equity share capital:
Pre-Bonus Issue Capital:
- Number of Shares: 60,94,50,000
- Face Value: ₹2 per share
- Total Amount: ₹121,89,00,000
Bonus Shares Allotted:
- Number of Shares: 30,47,25,000
- Face Value: ₹2 per share
- Total Amount: ₹60,94,50,000
Post-Bonus Issue Capital:
- Number of Shares: 91,41,75,000
- Face Value: ₹2 per share
- Total Amount: ₹182,83,50,000
The bonus equity shares will rank pari passu in all respects with the existing fully paid-up equity shares of the company, including entitlement to dividends and other corporate benefits declared after the allotment.
This action follows previous intimations dated June 3, 2026, regarding the Board's recommendation and subsequent approval by shareholders through Postal Ballot on July 5, 2026, with results declared on July 6, 2026.