StockWatch
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Packaging
Bonus14 Aug 2026, 03:58 pm

Kahan Packaging fixes Aug 20, 2026 as record date for 3:1 bonus issue

AI Summary

Kahan Packaging Ltd has announced August 20, 2026, as the record date to determine shareholder eligibility for a 3:1 bonus equity share allotment. This follows shareholder approval via postal ballot on August 12, 2026, and in-principal approval from BSE Limited on August 14, 2026. The company plans to issue up to 81,60,000 bonus equity shares of Rs. 10 each. The deemed date of allotment is August 21, 2026, with shares expected to be available for trading on August 24, 2026. This corporate action aims to reward shareholders and potentially increase the company's equity base.

Key Highlights

  • Record date set for August 20, 2026, for bonus share eligibility.
  • Bonus issue ratio is 3 new equity shares for every 1 existing share.
  • Shareholder approval received via postal ballot on August 12, 2026.
  • BSE granted in-principal approval for the bonus share issuance.
  • Deemed allotment date is August 21, 2026; trading starts August 24, 2026.