Corporate Action12 May 2026, 12:00 pm
Alka India: Bonus Share Allotment Approved; Meeting Time Clarified
AI Summary
Alka India Ltd clarified an omission regarding the commencement and conclusion time of its Board Meeting held on May 11, 2026. The meeting, which commenced at 09:40 A.M. and concluded at 10:10 A.M., approved the allotment of 15,00,000 bonus equity shares of Re. 1/- each in the ratio of 6:1 to members (excluding promoters) as of the record date, May 8, 2026. Consequently, the paid-up equity share capital increased from ₹50,00,000 to ₹65,00,000.
Key Highlights
- Alka India rectifies omission of board meeting start and end times.
- Board approved bonus issue of 15,00,000 shares on May 11, 2026.
- Bonus share ratio is 6:1 for eligible members.
- Record date for bonus issue was May 8, 2026.
- Paid-up equity capital increases to ₹65,00,000 post-allotment.