Intimation for Allotment of Bonus Equity Shares.
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Awaiting price reaction for this filing.
LKP Finance Limited has allotted 6,14,46,600 bonus equity shares of Rs. 10 each to its shareholders in a 4:1 ratio, meaning 4 new fully paid-up shares for every 1 existing share held. The record date for eligibility was March 6, 2026, and the allotment was made on March 9, 2026. Following this allotment, the company's paid-up equity share capital has increased fivefold, from Rs. 15.36 crore (1.53 crore shares) to Rs. 76.81 crore (7.68 crore shares). Shareholders who were on the register as of the record date are eligible to receive these bonus shares. The filing is signed by Rishi Arya, Company Secretary, and submitted under SEBI's Listing Obligations and Disclosure Requirements Regulations.
This is a positive development for existing shareholders as they receive 4 additional shares for every share held, but the share price will adjust downward proportionally on ex-date, so total portfolio value stays roughly the same in the short term. A 4:1 bonus issue can improve share liquidity and make the stock more affordable for smaller retail buyers, while signaling management's confidence in the company's financial position.