Increased in Authorized Share Capital.
GYFTR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Directors of LKP Finance Ltd, at a meeting held on January 19, 2026, approved increasing the authorised share capital from ₹30 crore to ₹110 crore, subject to shareholder approval. The Board also approved a bonus issue in the ratio of 4:1, meaning four new equity shares of ₹10 each for every one existing share held. Approximately 6.14 crore bonus shares, totalling about ₹61.44 crore, will be issued by capitalising the Securities Premium Account (which had a balance of roughly ₹126.59 crore as on December 31, 2025). Post-issue, paid-up capital will rise from ₹15.36 crore to ₹76.81 crore. The bonus shares are expected to be credited on or before March 19, 2026, and shareholder approval will be sought via postal ballot.
Eligible shareholders will receive four additional shares for every share they hold, which is a significant capitalisation event that increases share count but proportionally reduces per-share price. The move rewards existing shareholders and reflects strong reserves, though it does not change the underlying value of holdings.