In reference to captioned subject, we hereby inform you that the Board of Directors of the Company, in their Board Meeting held today, i.e. on Thursday, May 14, 2026, at the registered ....
KOTYARK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kotyark Industries Board approved a massive 10:1 bonus issue of equity shares, meaning shareholders will receive 10 bonus shares for every 1 share held. The company also increased its authorized share capital from Rs. 23 crore to Rs. 200 crore. Approximately 10.28 crore bonus shares of Rs. 10 each will be issued, funded through existing securities premium (Rs. 7,715.14 lakh) and retained earnings (Rs. 7,142.5 lakh). The post-bonus paid-up capital will increase to Rs. 113.07 crore. Additionally, a dividend of Rs. 5 per share (recommended earlier) will be adjusted proportionally post-bonus to maintain the same total payout. Shareholder approval is being sought via postal ballot.
This is a highly positive development for shareholders as the bonus issue effectively multiplies their shareholding 11-fold while maintaining proportional ownership. The large free reserves and share premium indicate strong financial health. The stock may see price adjustment post-bonus due to increased share count.