Announcement
On July 7, 2026, the Board of Directors of Mayank Cattle Food Limited convened and approved a bonus issue of equity shares on a 1:1 basis, subject to the subsequent approval of the company’s members.
Bonus Issue Details
The proposal stipulates that each existing fully paid‑up equity share of face value ₹10 will entitle the holder to receive one additional fully paid‑up bonus equity share of the same face value. The bonus issue will involve the capitalization of a sum not exceeding ₹5.40 crore drawn from the company’s retained earnings (free reserves) and will result in the issuance of approximately 5,400,000 bonus equity shares. Upon completion, the paid‑up equity share capital will rise from 5,400,000 shares to 10,800,000 shares. The record date for determining entitlement will be announced separately.
Capital Structure Changes
To facilitate the bonus issue, the Board also approved an increase in the authorized share capital from ₹6.00 crore to ₹12.00 crore, pending member approval. This increase provides the necessary ceiling for the expanded paid‑up equity capital after the bonus issue.
Company Overview
Mayank Cattle Food Limited engages in the manufacturing and marketing of cattle feed and animal nutrition products, serving the livestock and dairy sectors. The company emphasizes market expansion, distribution network strengthening, and operational efficiency, aiming for sustainable growth and long‑term shareholder value.