Board Meeting11 Jul 2026, 12:30 pm
Kahan Packaging Approves Share Capital Increase & 3:1 Bonus Issue
AI Summary
Kahan Packaging Ltd announced outcomes from its Board Meeting held on July 11, 2026. The board approved a significant increase in the company's authorized share capital from ₹5 Crore to ₹15 Crore, subject to shareholder approval via postal ballot. Additionally, the company approved a bonus equity share issuance in the ratio of 3:1, meaning three new shares for every one existing share held. The bonus shares will be issued out of free reserves and share premium. The company also approved the draft postal ballot notice and appointed a scrutinizer for the process. The meeting commenced at 11:00 AM IST and concluded at 12:00 PM IST.
Key Highlights
- Authorized share capital increased from ₹5 Cr to ₹15 Cr.
- Approved a 3:1 bonus equity share issue.
- Bonus issue subject to member approval via postal ballot.
- Appointment of M/s. Zankhana Bhansali & Associates as Scrutinizer.
- Record date for bonus issue to be intimated later.
Price Impact
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