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Awaiting price reaction for this filing.
The board of directors approved the allotment of 36,23,000 bonus equity shares of Rs. 10 each to existing shareholders in a 1:1 ratio (one bonus share for every one share held). The record date for determining eligible shareholders was 10th October 2025. As a result, the company's paid-up equity capital has doubled from Rs. 3.62 crore (36.23 lakh shares) to Rs. 7.25 crore (72.46 lakh shares). The face value per share remains Rs. 10, so this is a pure bonus issue and not a stock split.
Shareholders will see their share count double, though the share price is expected to adjust downward proportionally, leaving overall holding value largely unchanged in the short term. The increase in share count may improve liquidity and retail accessibility of the stock.