Allotment of Bonus Equity Shares
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LKP Finance Ltd has allotted 6,14,46,600 bonus equity shares of Rs. 10 each to eligible shareholders. The bonus is in the ratio of 4:1, meaning every shareholder receives 4 new shares for every 1 share held. The record date for eligibility was 6th March 2026. Post-allotment, the paid-up equity share capital has increased fivefold, from 1,53,61,650 shares (Rs. 15.36 crore) to 7,68,08,250 shares (Rs. 76.81 crore). This follows the board's earlier communication dated 19th January 2026 regarding the bonus issue.
The share count will increase fivefold while the share price typically adjusts downward proportionally, so the overall value held by shareholders remains largely the same. Higher liquidity from more shares in circulation may be a positive for trading activity, though EPS will mechanically dilute by roughly 80%.