GYFTRBSEGyftr LtdMediumNeutral
Announced Mon, 19 Jan · 16:21 IST

Outcome of Board Meeting held on 19th January, 2026 pursuant to Regulation 30 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Bonus Above 1to1Corporate Actions View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

LKP Finance Ltd's Board, at its meeting on January 19, 2026, approved a bonus issue of equity shares in the ratio of 4:1, meaning four new fully paid-up equity shares (face value ₹10 each) for every one existing share held. Approximately 6.14 crore new shares will be issued, taking the paid-up capital from ₹15.36 crore (1.54 crore shares) to ₹76.81 crore (7.68 crore shares). The bonus will be funded by capitalizing about ₹61.45 crore from the Securities Premium Account, which had a balance of roughly ₹126.59 crore as of December 31, 2025. The Board also increased the Authorised Share Capital from ₹30 crore to ₹110 crore and approved a Postal Ballot notice to seek shareholder approval for these actions.

Likely market impact

This is a shareholder-friendly move — a 4:1 bonus issue significantly expands the share count but does not change the overall value of holdings; short-term share price typically adjusts downward in proportion. The bonus is fully backed by existing reserves, indicating strong balance sheet health, and is subject to shareholder approval via postal ballot.