StockWatch
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Other Financial Services
Bonus27 Jul 2026, 09:52 am

Kalind Ltd Approves 1:2 Bonus Share Allotment

AI Summary

Kalind Ltd's Board of Directors has approved the allotment of 30,47,25,000 equity shares as bonus shares in a 1:2 ratio. This means one bonus share of ₹2 each will be issued for every two existing equity shares of ₹2 each. The record date for this allotment was July 24, 2026. This corporate action increases the company's paid-up equity share capital from ₹1,21,89,00,000 to ₹1,82,83,50,000. The bonus shares will rank pari passu with existing shares.

Key Highlights

  • Board approved 1:2 bonus share allotment.
  • 30.47 crore equity shares to be issued as bonus.
  • Record date set for July 24, 2026.
  • Paid-up capital increases to ₹1,82,83,50,000.
  • Bonus shares rank equally with existing shares.