Allotment of Bonus Equity shares.
Awaiting price reaction for this filing.
Alka India Ltd has allotted 15 lakh fully paid-up bonus equity shares of Rs. 1 each. The bonus was issued in the ratio of 6:1, meaning shareholders received 6 bonus shares for every 1 share held. The record date for determining eligible shareholders was 8th May 2026. Promoters and the Promoter Group were excluded from this bonus issue. Following the allotment, the company's paid-up equity share capital increased from Rs. 50 lakh to Rs. 65 lakh.
This 6:1 bonus issue significantly increases the number of shares in circulation while keeping the total capital modest. Existing shareholders (excluding promoters) receive 6 additional shares per share held, which may improve liquidity but could also dilute earnings per share. The exclusion of promoters from the bonus may indicate different treatment for different shareholder classes.