Recommendation of issue of bonus shares.
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The board of Antariksh Industries Ltd, at its meeting on December 3, 2025, approved a bonus issue of 1 equity share for every 10 shares held, but only for public shareholders (excluding promoters and promoter group). The purpose is to bring the company into compliance with the minimum public shareholding norms under SEBI rules. Pre-bonus share count stands at 2,00,000 shares (Rs. 20 lakh), and post-bonus will be 2,04,940 shares. Free reserves available for capitalization are about Rs. 141.48 lakh as on March 31, 2025. The record date is fixed as January 9, 2026, and bonus shares are expected to be credited by February 2, 2026. The issue is subject to shareholder approval through a postal ballot.
Promoter and promoter group shareholders will NOT receive any bonus shares — only public shareholders are eligible. Since promoters are being excluded, this is essentially a dilution of promoter stake to meet minimum public shareholding rules rather than a reward for all investors. For existing public shareholders, it's a small gain (effectively ~2.5% extra shares), but only meaningful if they already hold 10 or more shares.