Enclosed herewith Board recommends Bonus Issue.
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Kalind Ltd's board has approved two corporate actions, pending shareholder approval via postal ballot. First, a stock split where each equity share of ₹10 face value will be subdivided into 5 equity shares of ₹2 each, aimed at boosting liquidity and retail participation. Second, a bonus issue in the ratio of 1:2, meaning 1 bonus share for every 2 shares held, issuing roughly 3.05 crore new shares. The bonus will be funded out of free reserves and securities premium, with ₹91.07 crore available as of 31 March 2026 against the ₹60.945 crore required. Paid-up capital will expand from ₹121.89 crore (post-split) to about ₹182.84 crore post-bonus. The record date is yet to be announced, and both actions are expected to be completed on or before 2 August 2026.
For shareholders, each existing share will become 5 shares of ₹2 (split) and then they'll receive 1 additional bonus share for every 2 held, effectively multiplying their share count by 7.5 without changing the overall value of their holding. The split should improve liquidity and make the stock more affordable, while the bonus rewards existing shareholders by increasing their share count.