Mayank Cattle Food Announces 1:1 Bonus Share Issue

Mayank Cattle Food Ltd's Board of Directors has approved a 100% bonus equity share issue in a 1:1 ratio. This means one bonus share of face value ₹10 will be issued for every one fully paid-up equity share held. The company plans to capitalize retained earnings not exceeding ₹5.40 crore for this purpose. Additionally, the authorized share capital will be increased from ₹6 crore to ₹12 crore. The record date for determining eligibility will be announced later. The bonus issue is subject to shareholder approval.