Board approves 1:1 bonus issue, doubling paid-up share count
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mayank Cattle Food Ltd board on 7 July 2026 approved a 1:1 bonus issue. Shareholders will receive one bonus share of face value Rs 10 for every one share held, taking paid-up capital to 1.08 crore shares from 54 lakh. About 54 lakh bonus shares worth Rs 5.4 crore will be issued by capitalising retained earnings, where free reserves stood at about Rs 15.18 crore as on 31 March 2026. Record date will be announced later, and bonus shares are expected to be credited on or before 6 September 2026. Authorised capital will also be raised from Rs 6 crore to Rs 12 crore. The issue needs shareholder approval.
Share count doubles, so price adjusts proportionally on ex-date. No cash payout, funded from reserves. Awaiting shareholder approval.