Kalind Ltd Recommends Bonus Issue & Share Split

Kalind Ltd's Board of Directors has recommended a bonus issue of equity shares in a 1:2 ratio and a sub-division of existing equity shares from a face value of ₹10 to ₹2. The share sub-division aims to enhance liquidity and public participation. The company also proposed an alteration to its Memorandum of Association to reflect the reclassified authorized share capital post-sub-division. The bonus issue will be funded from free reserves and securities premium. These proposals are subject to shareholder approval via postal ballot and applicable statutory approvals. The corporate actions are expected to be completed by August 2, 2026.