Outcome of Board meeting dated 20th June, 2025 is attached herewith.
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Focus Business Solution Ltd's board approved the 18th AGM notice (scheduled for July 14, 2025), the FY25 annual report, and most notably a bonus share issue in a 29:50 ratio—29 bonus shares for every 50 held, expanding the share base from 46.07 lakh to 72.80 lakh shares (a ~58% increase). The bonus, totaling about Rs. 2.67 crore, will be funded from free reserves (Rs. 128.19 lakh) and securities premium (Rs. 141.60 lakh), with shares expected to be credited by August 19, 2025. The board also approved the re-appointment of a retiring director, revised remuneration for the Chairman/MD and Whole Time Director, and proposed increases in the company's borrowing, mortgaging, and investment limits—all subject to shareholder approval. Additionally, M/s JDM and Associates LLP was appointed as the new secretarial auditor for FY26, and remote e-voting will be open from July 10 to July 13, 2025.
The 58% bonus issue is a positive, shareholder-friendly move that rewards existing investors and improves share liquidity, though it will dilute earnings per share proportionally. The proposed increases in borrowing and investment limits suggest the company may be preparing for future expansion or fundraising, making the upcoming AGM an important event for shareholders to watch.