GYFTRBSEGyftr LtdHighPositive
Announced Sat, 21 Feb · 14:53 IST

Pursuant to Regulation 42 of SEBI (LODR) Regulations, 2015, the Company has fixed 06th March, 2026 as the Record Date for the purpose of Bonus Issue.

Bonus Above 1to1Corporate Actions View source PDF

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AI summary

LKP Finance Ltd has fixed Friday, March 6, 2026, as the record date to determine shareholders eligible for its bonus share issue. The company will issue 4 bonus equity shares of face value ₹10 for every 1 existing equity share held (4:1 ratio). Shareholders had already approved the bonus issue via postal ballot on February 19, 2026, after the Board recommended it on January 19, 2026. The bonus shares are expected to be allotted on Monday, March 9, 2026.

Likely market impact

Shareholders holding shares as of March 6, 2026 will receive 4 additional shares for every share they own, increasing their share count fivefold. While this is a strong sign of management confidence, EPS will be diluted proportionally, so the share price typically adjusts downward on the ex-date to reflect the larger share base.