Organic Recycling Systems Recommends 1:2 Bonus Share Issue

Organic Recycling Systems Ltd announced its Board of Directors has recommended a bonus share issuance in a 1:2 ratio. This means one new fully paid-up equity share of Rs. 10 each will be issued for every two existing equity shares held. The issuance will be funded by capitalizing eligible reserves, specifically from the share premium account and/or capital redemption reserve account, as of March 31, 2026. The total value of the proposed bonus issue is approximately Rs. 5,19,96,370, resulting in 51,99,637 new equity shares. The pre-bonus paid-up capital is Rs. 10,39,92,750, which will increase to Rs. 15,59,89,120 post-bonus. The record date for eligibility will be announced separately, and the bonus shares are expected to be credited by September 3, 2026, subject to shareholder and regulatory approvals.