StockWatch
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Other Financial Services
Corporate Action6 Jul 2026, 12:25 pm

Kalind Ltd Fixes Record Date for Share Split and Bonus Issue

AI Summary

Kalind Ltd has announced Friday, 24th July, 2026, as the record date for two significant corporate actions: a sub-division of equity shares and the issuance of bonus shares. The face value of each equity share will be sub-divided from ₹10 to ₹2, effectively increasing the number of shares. Additionally, the company will issue bonus equity shares in a 1:2 ratio, meaning one bonus share of ₹2 will be issued for every two existing shares of ₹2. The deemed date of allotment for bonus shares is Monday, 27th July, 2026, with trading expected to commence the following day.

Key Highlights

  • Record date set for July 24, 2026, for corporate actions.
  • Equity shares to sub-divide from ₹10 face value to ₹2.
  • Bonus shares to be issued in a 1:2 ratio.
  • Deemed allotment date for bonus shares is July 27, 2026.