Laxmi Goldorna House Limited has informed the Exchange that the Board of Directors at its meeting held on September 04, 2025, have considered and approved bonus at the ratio of 7 : 5, i.e 7 Equity Shares for every 5 Equity Shares held.
LGHL · price
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The Board of Directors of Laxmi Goldorna House Limited, at its meeting held on September 04, 2025, approved a bonus issue of equity shares in the ratio of 7:5. This means shareholders will receive 7 new bonus shares for every 5 shares they currently hold. The bonus shares will be issued out of the company's reserves and free reserves, subject to shareholder and regulatory approvals. This increases the total number of outstanding shares and rewards existing shareholders without any cash outflow from the company.
The bonus issue is positive for existing shareholders as it increases their share count and typically improves liquidity in the stock. However, the share price is likely to adjust downward proportionally post-record date, so the overall value of holdings remains largely unchanged in the short term.