Bonus20 Feb 2026, 03:12 pm
LKP Finance Ltd Receives In-Principle Approval from BSE for 6.14 Crore Bonus Shares
AI Summary
LKP Finance Ltd has received an in-principle approval from BSE Limited for the issue and allotment of 6,14,46,600 (Six Crore Fourteen Lakh Forty Six Thousand Six Hundred) Equity Shares of 10 each to be issued as Bonus Shares. The approval is subject to the company fulfilling certain conditions such as shareholder approval, submission of listing application form, payment of additional listing fees, and compliance with guidelines issued by SEBI, RBI, MCA, and other statutory authorities.
Key Highlights
- LKP Finance Ltd has received in-principle approval from BSE for bonus share issue.
- The company is proposed to issue 6,14,46,600 equity shares as bonus shares.
- The bonus shares will be issued in the ratio of 4:1 (4 new shares for every 1 existing share).
- The approval is subject to the company fulfilling certain conditions and compliances.
- The bonus shares will only be allotted in dematerialized form.