Key Quantitative Figures
- Bonus Ratio: 1:2 (One new equity share for every two existing shares)
- Face Value: ₹10 per share
- Total Shares to be Issued: 5,199,637 equity shares
- Total Issue Amount: ₹5,19,96,370 (₹5.20 crore)
- Pre-Bonus Paid-up Capital: ₹10,39,92,750 consisting of 10,399,275 shares
- Post-Bonus Paid-up Capital: ₹15,59,89,120 consisting of 15,598,912 shares
- Source of Funds: Share premium account (eligible for capitalization, net of accumulated deficit reserve) and/or capital redemption reserve account as of March 31, 2026
- Reserves Required: ₹5,19,96,370 as of July 6, 2026
Approvals Required
The bonus issue is subject to:
- Shareholder approval
- Other applicable regulatory and statutory approvals
Committee Authorization
The Bonus Allotment Committee has been delegated powers to perform all necessary acts related to the bonus share issuance.
Capital Structure Impact
The bonus issue will increase the company's paid-up share capital by 50%, from approximately 10.4 million shares to 15.6 million shares, representing significant dilution through capitalization of reserves.
Financial Impact
The financial impact involves capitalization of reserves amounting to ₹5.20 crore to issue bonus shares, reducing reserves while increasing share capital.