The board of Directors in their meeting held toady recommended bonus issue at ratio of 10:1 which is subject to the approval of Shareholders

Bonus issue of 1:1 or betterCorporate Actions View source PDF Explain this filing

KOTYARK · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+4.6%Reaction day

₹415.00

prior close

₹439.50

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%+4.3% vs market

Refineries & Marketing peers, median of 11sector-0.7%+5.3% vs sector

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.

Minutes after the announcementfrom the announcement price · no benchmark

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Reaction day

+4.6+0.2+4.3-0.7+5.3

Next day

+6.5-0.1+6.6-1.6+8.1

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15d

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UpDownMarket · Nifty Microcap 250Sector · Refineries & Marketing peers, median of 11Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Kotyark Industries board has recommended a bonus issue in the ratio of 10:1, meaning shareholders will receive 10 bonus equity shares for every 1 share held. The bonus shares will be issued from free reserves, specifically from securities premium (Rs.7715.14 Lakhs) and retained earnings (Rs.7142.5 Lakhs). The paid-up capital will increase from Rs.10.28 crore to Rs.113.07 crore after the bonus. The board also approved increasing the authorized share capital from Rs.23 crore to Rs.200 crore. The previously recommended dividend of Rs.5 per share will be adjusted proportionally on post-bonus capital. The bonus is subject to shareholder approval via postal ballot, with shares expected to be dispatched by July 14, 2026.

Likely market impact

A 10:1 bonus issue is highly dilutive and signals management confidence in the company's future. While it increases share count significantly, the total dividend payout amount will remain substantially unchanged, which may limit immediate positive impact on shareholder returns.