Bonus11 May 2026, 10:34 am
Alka India Allots 15 Lakh Bonus Shares in 6:1 Ratio
AI Summary
Alka India Ltd's board approved the allotment of 15,00,000 equity shares of Re. 1 each as fully paid-up bonus equity shares in the ratio of 6:1. This was decided at the board meeting held on May 11, 2026, pursuant to the resolution passed in the 32nd Annual General Meeting on May 4, 2026. The bonus shares are allotted to members (excluding Promoter and Promoter Group) whose names appeared in the register on the record date of May 8, 2026. Consequently, the paid-up equity share capital increased from ₹50,00,000 to ₹65,00,000.
Key Highlights
- Alka India allots 15,00,000 bonus equity shares of Re. 1 each.
- Bonus issue ratio is 6:1 for eligible shareholders.
- Record date for bonus issue was May 8, 2026.
- Paid-up equity share capital increases to ₹65,00,000 post-allotment.