Revised outcome
Price
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Pro Fin Capital Services Ltd has filed a revised outcome of its Board Meeting held on October 10, 2025, approving the issue of bonus equity shares in a 1:1 ratio (1 bonus share for every 1 share held). The company will issue around 29.63 crore equity shares of Re. 1 each, amounting to approximately Rs. 29.63 crore, funded entirely from its free reserves and retained earnings. Post-issue, the paid-up share capital will double from Rs. 29.63 crore (29.63 crore shares) to Rs. 59.26 crore (59.26 crore shares). As of September 30, 2025, the company had Rs. 53.18 crore available in free reserves, which comfortably covers the bonus requirement. The bonus shares are expected to be credited or dispatched within 2 months from the date of the Board Meeting.
Shareholders will receive 1 additional share for each share held, effectively doubling their share count, though the stock price typically adjusts downward proportionally on the ex-date, leaving total holding value unchanged. The move signals management's confidence in the company's reserves and rewards long-term holders without changing the underlying business value.