Postal Ballot: Bonus Shares 3:1 and Authorised Capital Hike
Price
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Kahan Packaging has issued a postal ballot notice seeking shareholder approval for two items: (1) increasing authorised share capital from 5 crore rupees to 15 crore rupees (50 lakh to 1.5 crore equity shares of 10 rupees each), and (2) issuing bonus shares in a 3:1 ratio by capitalising 8.16 crore rupees from free reserves and securities premium. This will issue 81,60,000 new shares, raising paid-up capital to 10.88 crore rupees. E-voting runs July 14 to August 12, 2026; results by August 14, 2026. Cut-off date is July 10, 2026.
If approved, each shareholder gets 3 bonus shares per share held. Share count jumps 4x; expect proportional price adjustment with no change in total holding value.