StockWatch
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Garments & Apparels
Bonus18 Aug 2026, 10:58 am

Bizotic Commercial Ltd Approves 5:1 Bonus Share Allotment

AI Summary

Bizotic Commercial Ltd announced that its Board of Directors, in a meeting held on August 18, 2026, approved the allotment of 4,82,10,000 fully paid-up Bonus Equity Shares of Rs. 10.00 each. This allotment is in the ratio of 5:1 for every one equity share held as of the record date, August 17, 2026. The company's issued, subscribed, and paid-up equity share capital will increase significantly post-allotment. The new bonus shares will rank pari-passu with existing equity shares.

Key Highlights

  • Board approved allotment of 4,82,10,000 bonus equity shares.
  • Bonus ratio set at 5:1 for shareholders as of August 17, 2026.
  • Share capital to increase substantially post-allotment.
  • New shares will have equal rights to existing equity shares.
  • Allotment aims to reward shareholders and increase liquidity.