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Bonus25 Jun 2026, 11:04 am

Kotyark Industries Approves 10:1 Bonus Share Allotment

AI Summary

Kotyark Industries Ltd's Board of Directors has approved the allotment of 10,27,91,160 equity shares in a 10:1 bonus ratio. This means ten new shares will be issued for every one existing share held as of June 24, 2026. The face value of each share is Rs. 10. The bonus shares will rank pari passu with existing shares and will be entitled to future dividends, including the one recommended for FY26, subject to member approval. This corporate action increases the company's paid-up equity share capital significantly.

Key Highlights

  • Board approves 10:1 bonus share allotment.
  • 10,27,91,160 new equity shares to be issued.
  • Record date for eligibility is June 24, 2026.
  • Bonus shares rank equally with existing shares.
  • Increases total paid-up equity capital post-issue.