Approval of Bonus Shares by the Shareholders of the Company in the 40th Annual General Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
At the 40th AGM held on September 10, 2025, shareholders of Chandra Prabhu International approved a bonus issue of equity shares in the ratio of 1:2 (one bonus share of ₹2 face value for every two shares held). The company also increased its authorized share capital to ₹6 crores, divided into 3 crore equity shares of ₹2 each, to accommodate the bonus issue. Mr. Gajraj Jain was re-appointed as Chairman-cum-Managing Director for a three-year term effective April 17, 2026. Additionally, Mr. Baladeva Chitranjan was appointed as the secretarial auditor for five consecutive years (FY 2025-26 to FY 2029-30). The AGM ran from 11:00 AM to 11:45 AM.
The 1:2 bonus issue rewards existing shareholders by increasing their share count, though the ratio is moderate and typically leads to a proportional price adjustment. The capital increase supports the bonus issuance, while continuity in leadership and auditor appointment are routine governance items with no negative signals.