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Bonus25 Jun 2026, 11:18 am

Kotyark Industries Approves 10:1 Bonus Share Allotment

AI Summary

Kotyark Industries Ltd announced today that its Board of Directors has approved the allotment of 10,27,91,160 equity shares, representing a 10:1 bonus issue. This means shareholders will receive ten new fully paid-up equity shares for every one existing share held. The record date for this allotment was June 24, 2026. The bonus shares will be credited to eligible shareholders within statutory timelines. This allotment increases the company's paid-up equity share capital from ₹10,27,91,160 to ₹113,07,02,760. The new bonus shares will rank pari passu with existing shares and are entitled to dividends declared after the allotment, including the dividend for FY26 subject to member approval.

Key Highlights

  • Board approves 10:1 bonus share allotment.
  • 10,27,91,160 new equity shares to be issued.
  • Record date set as June 24, 2026.
  • Paid-up capital increases significantly post-allotment.
  • Bonus shares rank pari passu with existing equity.