Kotyark Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/05/2026 ,inter alia, to consider and approve 1)To consider and approve ....
KOTYARK · price
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Kotyark Industries Ltd has announced a board meeting on May 14, 2026 with two key agenda items. First, the board will consider increasing the company's Authorised Share Capital and making consequent changes to the Memorandum of Association, subject to shareholder and regulatory approvals. Second, and more significantly, the board will consider recommending and approving a bonus share issue for existing equity shareholders, also subject to shareholder and regulatory approvals. Additionally, the company has closed its trading window effective May 9, 2026, prohibiting designated persons from trading in company securities until 48 hours after the board meeting concludes.
The proposed bonus share issue is a positive development for existing shareholders as it rewards their holding without additional investment. The increase in authorised capital suggests the company may be preparing for future expansion or fund-raising activities. Investors should note the trading window closure and avoid trading during this period.