Issue of Bonus Equity Shares in the ratio of 4:1 i.e. 4(Four) Bonus Equity Shares of Rs. 10 (Ten) each for every 1 (One) Equity share of Rs. 10 (Ten) each fully paid up.
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LKP Finance Ltd's board, at a meeting held on January 19, 2026, approved the issuance of bonus equity shares in a 4:1 ratio — meaning 4 new fully paid-up shares of Rs. 10 each for every 1 existing share held. A total of approximately 6.14 crore bonus shares (worth Rs. 61.44 crore) will be issued, funded out of the company's Securities Premium Account (which had a balance of about Rs. 126.59 crore as of December 31, 2025). Post-issue, the paid-up equity capital will rise from Rs. 15.36 crore (1.54 crore shares) to Rs. 76.81 crore (7.68 crore shares). The board also approved increasing the authorised share capital from Rs. 30 crore to Rs. 110 crore. The bonus is subject to shareholder approval via postal ballot, and the shares are expected to be credited by March 19, 2026.
Eligible shareholders will receive 4 additional shares for every share they hold, increasing their share count fivefold without any cost. Since the share price typically adjusts downward proportionally on the ex-date, the overall investment value usually remains unchanged in the short term, though the higher share count can improve liquidity and retail affordability.