
Bizotic Commercial Approves 5:1 Bonus Issue and Capital Increase
Bizotic Commercial Ltd's Board of Directors met on July 2, 2026, approving a significant increase in authorized equity share capital from ₹11.27 crore to ₹57.86 crore. The board also approved a 5:1 bonus equity share issue, subject to shareholder approval. Key decisions included fixing record dates for AGM notice and e-voting, approving the 10th AGM notice and annual report for FY26, and appointing M/s. Shweta Jain & Co LLP as Statutory Auditors for five years. The re-appointment of MD Mr. Sanjaykumar Mahavirprasad Gupta was approved, while the resignation of Independent Director Mr. Hareshkumar Shamjibhai Suthar was noted. Mr. Dipak Hariprasad Dave's regularization as Director was also approved, pending shareholder consent. M/S Sarang Shivajirao Chavan And Associates were appointed as Internal Auditors for FY27.
Key Highlights
- Authorized share capital increased from ₹11.27 Cr to ₹57.86 Cr.
- Approved a 5:1 bonus equity share issue.
- Re-appointment of MD and regularization of a Director approved.
- New Statutory Auditors appointed for a five-year term.
- 10th AGM scheduled for August 1, 2026, via VC/OAVM.
Price Impact
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