Alka India Ltd. Recommends 6:1 Bonus Issue to Public Shareholders

Alka India Ltd. announced that their board of directors has recommended a bonus issue of 6 equity shares for every 1 fully paid-up equity share held by public shareholders, excluding promoter and promoter group. This decision aims to achieve compliance with the minimum public shareholding requirement mandated under rule 19A of the Securities Contracts (Regulation) Rules, 1957. The record date for determining eligible shareholders is set for May 8, 2026. The bonus shares are to be issued from capitalization of free reserves, subject to the approval of shareholders.