Kotyark Industries Limited has informed the Exchange that the Board of Directors at its meeting held on May 14, 2026, have considered and approved bonus at the ratio of 10 : 1, i.e 10 Equity Shares for every 1 Equity Shares held.
KOTYARK · price
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On the reaction day the stock moved 4.3 pts more than Nifty Microcap 250 and 5.3 pts more than its Refineries & Marketing peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Kotyark Industries Limited's Board has approved a bonus issue in the ratio of 10:1, meaning shareholders will receive 10 bonus equity shares for every 1 share held. The bonus involves issuing approximately 10.28 crore new shares (valued at Rs 10 each), funded entirely from securities premium (Rs 7,715.14 lakh) and retained earnings (Rs 7,142.5 lakh). The pre-bonus paid-up capital of Rs 10.28 crore will increase to Rs 113.07 crore post-bonus. The company also raised authorized share capital from Rs 23 crore to Rs 200 crore. The record date for eligibility is yet to be announced, and bonus shares are expected to be dispatched by July 14, 2026. A previously recommended dividend of Rs 5 per share will be proportionally adjusted post-bonus to maintain the overall payout.
The massive 10:1 bonus issuance will significantly increase the company's share count while keeping the overall value per shareholder unchanged. While the stock price will adjust downward proportionally, this move rewards loyal shareholders and improves liquidity. The company appears to have strong accumulated reserves to support this issuance.