Trading & Distributors
Quarterly Updates28 March 2026 at 12:24 pm

Gautam Exim Ltd Approves Sub-division of Equity Shares, Increase in Authorised Share Capital, and Bonus Issue

AI Summary

Gautam Exim Ltd has approved several significant changes, including the sub-division of equity shares from a face value of Rs.10 to Rs.5, an increase in authorised share capital from Rs.5 Crore to Rs.13 Crore, and a bonus issue of 3 equity shares for every 1 equity share (post split basis). These changes are subject to shareholders' approval. The company also approved the capitalisation of free reserves / securities premium for the bonus issue and the convening of an Extra Ordinary General Meeting (EGM) to approve these changes.

Key Highlights

  • Approval of sub-division of equity shares from Rs.10 face value to Rs.5 face value
  • Increase in authorised share capital from Rs.5 Crore to Rs.13 Crore
  • Approval of bonus shares in the ratio of 3:1 (post split basis)
  • Capitalisation of free reserves / securities premium for bonus issue
  • Approval of convening an Extra Ordinary General Meeting (EGM)