GOLDIAM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Goldiam International Ltd's Board has approved issuance of bonus shares in the ratio of 1:3, meaning 1 bonus equity share of Rs. 2/- for every 3 fully paid-up equity shares held. A total of approximately 3.76 crore new shares (worth Rs. 7.53 crore) will be issued. The pre-bonus paid-up capital of Rs. 22.58 crore (11.29 crore shares) will increase to Rs. 30.11 crore (15.06 crore shares) post-bonus. The bonus will be funded from Capital Redemption Reserves, Securities Premium Account (Rs. 196.33 crore), and Free Reserves (Rs. 311.39 crore). The bonus issue is subject to shareholder approval via postal ballot and will be completed by July 25, 2026. The record date for determining eligible shareholders will be announced later.
This is a positive corporate action for existing shareholders as their shareholding increases by 33% at no additional cost. The bonus is being issued from accumulated reserves, indicating strong financial health. While the total number of shares increases, the total value of holdings remains the same initially.