Enclosed herewith the Intimation of Amendment in MOA.
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Kalind Ltd's board has approved three corporate actions, subject to shareholder approval via postal ballot. First, a stock split where 1 equity share of face value ₹10 will be sub-divided into 5 equity shares of ₹2 each, aimed at boosting liquidity and retail participation. Second, the Memorandum of Association (MOA) will be amended to reflect the new share structure, keeping authorized capital at ₹1,000 crores split into 500 crore shares of ₹2 each. Third, a bonus issue in the ratio of 1:2 — meaning 1 free share for every 2 shares held — totalling about 30.47 crore new shares, to be issued from free reserves and securities premium (₹91.07 crores available as on March 31, 2026). Post both actions, paid-up share count will rise from 12.19 crore shares (₹10 face value) to 91.42 crore shares (₹2 face value). Completion is targeted by August 2, 2026.
For shareholders, the stock split makes each share 5 times cheaper and easier to trade, which may improve liquidity, while the 1:2 bonus means investors receive 1 extra share for every 2 they own — effectively a 50% increase in share count. Combined, these actions could attract more retail investors and improve trading volumes, though the stock price will adjust downward to reflect the higher share count.