Pashupati Cotspin Board Approves Bonus Issue & Capital Hike

Pashupati Cotspin Ltd's Board of Directors, in a meeting held on October 3, 2026, approved a significant increase in authorized share capital from ₹16 Crores to ₹40 Crores. Concurrently, the board recommended a bonus equity share issuance in a 3:2 ratio (3 bonus shares for every 2 existing shares). This bonus issue will be funded by capitalizing free reserves available as of March 31, 2026. The company also approved the draft postal ballot notice for shareholders to seek approval for both the capital increase and the bonus issue. M/s. Nisarg Sharma & Associates have been appointed as scrutinizers for the postal ballot process. The pre-bonus paid-up share capital stands at ₹15.78 Crores, with the post-bonus capital potentially reaching up to ₹39.46 Crores.